TaxCycle T5018

Statement of contract payments

Issue T5018 slips to recipients and file the related issuer summary with the Canada Revenue Agency (CRA).

Prepare and electronically file unlimited federal T5018 slips and summaries.

TaxCycle T5018 is included in the Complete Paperless Tax Suite and the Paperless Office. It is also available as a stand-alone module.

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2018-t5018-slip-summary

More than just
a summary

The Slips summary lists all the slips in the file. Use it as a review tool. Add review marks. Double-click to drill down to the source slip.

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2018-t5018-missing-slips

Email a request for missing slip info

Save time when getting ready to file. In a single click, send an email requesting information missing from the slips in the file.

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2018-t5-import

Time-saving Excel®
slips import

Populate our sample Excel® template with your client's slip recipient data. Then drag and drop it onto the TaxCycle window to import. 

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Independent and integrated

A separate module for T5018's allows you to set specific options just for T5018 slips. Tight integration with other modules means you can create a T5018 file starting from a T2 return.

Live preview of
printed slip

Printed slips show at the bottom of the each data entry page. Open a second window and watch it update when you enter data in the main TaxCycle window.

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Carry forward from software or XML

Carry forward slips from prior-year ProFile® FX, Cantax® FormMaster, or Taxprep® Forms files. Or, bring in the XML file transmitted to the CRA last year.

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Forms and features

RETURNS
Number of returns Unlimited
Federal T5018 slips and summaries Yes 
CARRY FORWARD
TaxCycle T5018 Yes 
ProFile® FX Yes
Cantax® FormMaster Yes
Taxprep® Forms Yes
ELECTRONIC FILING
CRA Internet File Transfer (XML) for T5018 (original, amended or cancelled slips) Yes
PRACTICE TOOLS
Client Manager Yes
Template Editor Yes
WORKSHEETS
Info - Transmission Information Yes
Engagement - Engagement Information  
InternetWS - Internet Filing Results Yes
SLIPS
T5018 - Statement of contract payments Yes
SUMMARIES
Slips - Slips summary Yes
T5018Summary - Return of investment income Yes
Tape Summary Yes
TEMPLATES
MLetter - Missing slips email Yes