All the great features you're used to in other TaxCycle tax modules, paired with worksheets and calculations specifically for partnership returns.
Prepare and electronically file unlimited federal T5013 returns and slips, as well as Québec TP-600 returns and RL-15 slips.
TaxCycle T5013/TP-600 is included in the Complete Paperless Tax Suite or available as a separate module.
Find out for yourself why thousands of tax preparers have already switched. Get up and running in just 10 minutes with your free trial of the TaxCycle Suite. Seamlessly carry forward returns from DT Max®, Cantax®, Taxprep® and ProFile® software.
Drag and drop import General Index of Financial Information (GIFI) from all major accounting packages: QuickBooks®, Sage®, CaseWare®, etc.
Enter information about each partner on the Partner and Allocation worksheets. Information flows between the two. Or, edit information directly on T5013 slips.
Instant data flow between Schedule 8 CCA schedule and Asset worksheets make for quick data entry and powerful management of assets.
Prepare T5013 slips and publish them to SlipSync. If you're preparing a T1 return for one of the slip recipients, TaxCycle alerts you to import the slip data.
A separate module for partnership returns allows us to build T5013-specific features, and lets you set specific options and create files just for T5013s. All through the same, familiar TaxCycle interface.
Create an Excel® spreadsheet template from any form. Customize it and give it to your clients to track amounts, then import it back into TaxCycle.
|Number of returns||Unlimited|
|Federal T5013 returns and slips||2013 onward|
|Québec TP-600 and RL-15||2018 onward|
|GENERAL INDEX OF FINANCIAL INFORMATION (GIFI)|
|GIFI import from Accounting for Practitioners (AFP), CaseWare®, QuickBooks®, CCH Engagement, Sage®, CSV files|
|S100 - GIFI Balance Sheet Information|
|S125 - GIFI Income Statement Information|
|Multiple S125 statements|
|S140 - GIFI Summary Statement|
|S141 - Notes checklist|
|Notes to Financial Statements|
|WORKSHEETS and SCHEDULES|
|Info - Partnership Information|
|Engagement - Engagement Information|
|Partner - Partners' Information|
|Allocation - Partner allocation|
|T5013 - Slip data entry|
|Instructions - Instructions for Recipient|
|Summary - Summary of Partnership Income|
|Rental - Rental Income Worksheet|
|RentalSummary - Summary of Rental Income|
|InternetWS - Internet Filing Worksheet|
|S1 - Net Income (Loss) for Income Tax Purposes|
|S1WS - S1 Allocation Worksheet|
|S2 - Charitable Donations, Gifts, and Political Contributions|
|S5 - Allocation of Salaries and Wages, and Gross Revenue for Multiple Jurisdictions|
|S6 - Summary of Dispositions of Capital Property|
|S6M - Capital Property Disposition Manager|
|S8 - Capital Cost Allowance (CCA)|
|S8Asset - Asset Manager|
|S8Claim - CCA Claim|
|S8RecWS - Fixed Asset Reconciliation Worksheet|
|S9 - List of Partnerships|
|S10 - Calculations Relating to Cumulative Eligible Capital|
|S12 - Resource-Related Deductions|
|S50 - Partner’s Ownership and Account Activity|
|S52 - Summary Information for Partnerships that Allocated Renounced Resource Expenses to their Members|
|T5013FIN - T5013 Financial|
|T1135 - Foreign Income Verification Statement|
|RC59 - Business Consent for Offline Access|
|RC59X - Cancel Business Donsent or Delegated Authority|
|5YearComp S1 - 5-year Comparative for Schedule 1|
|SlipSummary - Slip Summary / Reconciliation|
|QUÉBEC WORKSHEETS AND SCHEDULES|
|TP-600 - Partnership Information Return|
|Schedules A, B, D, E and F|
|TPSFWS - Schedule F allocation worksheet|
|QC5 - Revenue Allocation for Multiple Jurisdictions TP-600/RL-15|
|RL15 - Slip Data Entry|
|RL15 Slips - Slip Summary (non-filing)|
|5YearComp SF - TP-600 5-year Comparative For Schedule F|
|TEMPLATES AND CLIENT CORRESPONDENCE|