News

RESOLVED: Quick Fix for CCA RIIP Calculations Not Working in Coupled T1 Returns

When returns are coupled in TaxCycle T1, the Quick Fix solution to apply RIIP measures to CCA calculations may not work as expected.

known issue T1 CCA RIIP

CCA Calculation Change Messages

When you open a file in a TaxCycle version with updated CCA calculations, TaxCycle displays a warning message.

CCA calculation changes RIIP T2SCH8

TaxCycle 15.1.61020.0—T1/TP1 and T2 CCA, 2026 Slip Modules

This release updates CCA calculations in TaxCycle T1/TP1 and T2 to incorporate the RIIP measures proposed in Bill C-15. It also rolls over T4/T4A, T5, T5018, T2202 and NR4 slips to 2026.

release notes T1 TP1 T2 CCA RIIP slips templates T3

Reaccelerated Investment Incentive Property (RIIP) in TaxCycle

An update on the Reaccelerated Investment Incentive Property (RIIP) measure included in Budget 2025 and in federal Bill C-15.

CCA RIIP Accelerated CCA CRA

TaxCycle 14.2.57271.0—T1 and T2 Updates, Competitor Carryforward

This release updates T1 and T2 forms to the latest versions from the CRA and updates competitor carryforward.

release notes T1 T2 carryforward CCA templates

RESOLVED: Immediate Expensing in T1 and T5013, Income Before CCA Deductions

TaxCycle currently calculates the income earned from the business or property without taking into account recapture and terminal loss.

known issue immediate expensing CCA T1 T5013

TaxCycle 14.0.55440.0—CO-17 Forms

This release extends the filing of Québec CO-17 returns with updated forms for 2024 and 2025.

release notes CO-17 T2 CCA T2 Schedule 63

Negative half-year adjustment on T2 Schedule 8 and S8Asset?

Accelerated CCA calculations in TaxCycle T2 may show a negative half-year adjustment on T2 Schedule 8 and S8Asset.

CCA UCC half-year rule Accelerated CCA