This update resolves issues found since the release of version 6.1.31567.0.
This version is available as an automatic update and as a full download from our website and a free trial.
Who should install this release?
Please update to this release if you intend to file T2/CO-17 returns.
- Corporate linking
- Calculation errors on S32PPACapWS
Corporate linking is now functioning correctly in TaxCycle T2/CO-17. See the Corporate Linking help topic for instructions on linking TaxCycle files of associated/related corporations.
Resolved errors on the S32PPACap worksheet
This release resolves reported calculations errors on the S32PPACap worksheet in TaxCycle T2/CO-17. These included:
- In step 1, amount A was incorrectly calculated as the sum of the three prior amounts. The calculation now correctly subtracts the second amount from the first amount and then adds the third amount.
- In step 3, the overall cap on Prescribed Proxy Amount (PPA) is now calculated as A-B-C. It was previously calculated as A+B+C.