This TaxCycle release includes a couple of minor fixes. Our next major release is planned for later in the fall. In the meantime, we wanted to provide what follows.
T1 Schedule 2: we added a review message to specify where to enter spouse income for scenarios where the marital status is either married or common-law but the return is uncoupled. This applies to both resident and non-resident return filing.
T2 Schedule 3: a new review message now prompts preparers to enter eligible dividends in the Part 3 table, column C.1.
T3A (line 7) non-capital loss carryback: we've corrected the calculation for non-capital loss carryback of form T3A (line 7). A message will display the original value to notify users of the updated calculation when the return has already been filed. New or existing returns will calculate correctly without a message. This fix applies to all years.
Pre-Authorized Debit (PAD): the link to the URL now goes to the correct page.
Data Monitor: a new 'preset' lets you add the taxpayer's age on the data monitor.
This release is available as an automatic update. It is also available as a full download from our website and a free trial.
This release contains minor updates. Anyone who installed the prior version should also install this release to keep their software up-to-date.
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