TaxCycle

News

TaxCycle 15.0.58181.0—Forms Rollover to 2025 (Revised)

This release rolls over the TaxCycle Forms module to 2025.

release notes Forms module T1 T2 T3 T5013
TaxCycle 14.2.57646.0—Resolved Issues

This release resolves issues discovered since the last release.

release notes T2 T1 T3
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
TaxCycle 14.2.56967.0—2025 T1/TP1 Preview Rates and Forms

This release adds the 2025 T1/TP1 module with forms in preview mode and updated rates and calculations for 2025 personal tax returns.

release notes T1 TP1 T2 templates
TaxCycle 14.1.56342.0—Optional TP-21.4.39 Cryptoasset Return Update

This optional release updates the TP-21.4.39 to reflect the recent changes made by Revenu Québec.

release notes T1 TP1 cryptocurrency
TaxCycle 14.1.56274.0—T1 Planner for 2025

This release updates the T1 Planner worksheet for 2025.

release notes T1 TP1
TaxCycle 14.1.56212.0—T1 2024 for Emigrants, Deemed Residents and Section 116 Non-residents (Revised)

This release allows for the transmission of returns for emigrants, deemed residents (section 250) and non-residents filing under section 116 from TaxCycle T1 2024.

release notes T1 TP1 T2 T2SCH63
TaxCycle 14.1.56092.0—2024 Multiple Jurisdiction Returns

This release allows for the transmission through EFILE of multiple jurisdiction returns in TaxCycle T1 2024.

release notes T1 TP1 SERs Forms module client manager
RESOLVED: TaxCycle T1 Carryforward (2022 to 2023)

The latest TaxCycle update is preventing carryforwards of TaxCycle files from T1 2022 to T1 2023.

known issue T1 carryforward
TaxCycle 14.1.56032.0—2025 Slip Modules

This release rolls over T4/T4A, T5, T5018, T2202 and NR4 slips to 2025.

release notes T1 TP1 T2 T3 T5013 slips
RESOLVED: Proration of Non-Refundable Tax Credits for Newcomers

The CRA has revised its interpretation regarding non-refundable tax credits for newcomers to Canada.

known issue T1 90% rule
RESOLVED CRA: FHSA Data Imported Through AFR May Be Incorrect

FHSA data imported through AFR may be incorrect and could result in errors on T1 returns with S15.

CRA T1
TaxCycle 14.1.55915.0—T1/TP1 and T3/TP-646 Certified for Capital Gains

The CRA and Revenu Québec have certified TaxCycle T1/TP1 and T3/TP-646 for filing 2024 returns and slips with capital gains and losses.

release notes T1 TP1 T3 TP-646 Capital Gains
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 14.1.55862.0—T5013/TP-600 Certification

The CRA and Revenu Québec have certified T5013/TP-600 for filing 2024 returns.

release notes T1 TP1 T3 T5013 TP-600
TaxCycle 14.1.55777.0—T1/TP1 and T3 Form Updates

This version of TaxCycle updates T1/TP1 and T3 forms to the latest version from the CRA.

release notes T1 TP1 T3
TaxCycle 14.1.55674.0—T1/TP1 and T3 EFILE

The CRA and Revenu Québec have certified TaxCycle T1/TP1 and T3 for filing 2024 returns when EFILE systems open on February 24, 2025.

release notes T1 TP1 T3 EFILE
TaxCycle 14.0.55615.0—T1/TP1 Paper Filing

This version of TaxCycle enables the barcode on the T1 Condensed for T1 2024 returns.

release notes T1 TP1
Reminder: EFILE Account and T1 SERs Filing

Enable SERs filing when renewing your EFILE account to transmit T1 special elections and returns in TaxCycle.

SERs T1 EFILE
TaxCycle 14.0.55570.0—Ready for Auto-fill my return (AFR)

This version enables Auto-fill my return (AFR) for 2024 T1 returns.

release notes T1 TP1 T2 AFR
Deferral in Implementation of Change to Capital Gains Inclusion Rate (Updated)

We are awaiting guidance from the CRA on existing draft or published forms.

T1 T2 T3 capital gains inclusion rate
RESOLVED: T1 and T2 EFILE and AFR Errors

Attempts to EFILE or request data using AFR for T1 or T2 returns are failing.

known issue EFILE AFR T1 T2
RESOLVED: Error Printing the T1 Summary

TaxCycle version 13.2.54367.0 is failing to print the T1 Summary in the T1 2023 and 2024 modules.

known issue T1
TaxCycle 13.2.54367.0—T1, T2 and T5013 Updates, SERs for Individuals in TaxCycle Forms

This release includes updates to TaxCycle T1, T2 and T5013. It also adds SERs filing support for individuals using EFILE in TaxCycle Forms.

release notes T1 T2 T5013 SERs
TaxCycle 13.2.53840.0—2024 T1/TP1 and T5013/TP-600 Modules (Revised)

This release adds the 2024 T1/TP1 module with forms in preview mode, rates and calculations for 2024 personal tax returns. It also updates the T5013 module for 2024.

release notes T1 TP1 T5013 data mining
TaxCycle 13.1.52895.0—Download Only

This version of TaxCycle addresses recently reported customer concerns.

release notes T1 Forms module SERs
TaxCycle 13.1.52777.0—2023 Multiple Jurisdiction Returns

This version of TaxCycle allows the transmission of multiple jurisdiction returns in TaxCycle T1 2023.

release notes T1 T3 UHT-2900
TaxCycle 13.1.52666.0—2024 Slips Modules

This release rolls over T4/T4A, T5, T5018, T2202 and NR4 slips to 2024.

release notes slips T1 T3 T4 UHT-2900 client manager
EFILE Error Codes 149-R, 110-B and 960576

First-time filer's name and the BC renter's tax credit.

EFILE error T1
TaxCycle 13.1.52444.0—SERs in TaxCycle Forms, Canada Carbon Rebate

This version of TaxCycle adds SERs support to TaxCycle Forms, allowing you to electronically transmit special elections and returns, including the UHT-2900, to the CRA for corporations and partnerships.

release notes T1 Canada Carbon Rebate CCR Forms module SERs