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News > RESOLVED Known issue: T2 optimization and amount on line 395 of S1

RESOLVED Known issue: T2 optimization and amount on line 395 of S1


The T2 optimization is not taking into account the amount on line 395 of Schedule 1 with a description (Unrealized gains (GIFI 9980)).

If there is an amount on line 395 of Schedule 1, TaxCycle may not optimize its calculation of the deduction and claims. For example: TaxCycle may claim a non-capital loss carryforward when a corporation already incurs a loss in the current year.

Workaround

Override the calculated amount on line 395 to zero. Enter this amount on the expandable section where line 395 is located in Schedule 1.

Line395_S1_v2-June28636658265566711627

Resolution

This issue was resolved in version 7.2.33535.0.


 

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