TaxCycle

News

TaxCycle 15.1.61187.0—Resolved Issues

This release resolves customer-reported issues discovered since the last update.

release notes T1 Forms module templates
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
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
RESOLVED: Pension Splitting Paragraph in the Client Letter

We've discovered an issue with the Pension income splitting paragraph in the English Client Letter (CLetter) in TaxCycle T1.

known issue templates T1
TaxCycle 15.1.60925.0—Email Integration Update

This release resolves the email connection issues discovered in the last release. It also adds several customer requests.

release notes T1 TP1 T2 email templates
TaxCycle 15.1.60757.0—Gmail® and Microsoft 365® (Outlook) Integration

This release adds Gmail® and Microsoft 365® (Outlook) integrations to TaxCycle. It also resolves issues discovered since the last release.

release notes T1 TP1 T3 TP-646 email templates
RESOLVED: T1135 Data Not Retained in TaxCycle T1

TaxCycle T1 is incorrectly clearing data from the T1135 form when attempting to add new lines or edit data.

known issue T1135 T1
TaxCycle 15.1.60607.0—T1/TP1, T3 and T5013 Filing Versions

The CRA and Revenu Québec have certified TaxCycle T1/TP1 and T3 for filing 2025 returns. It is also ready for electronic filing of T5013 and paper filing of TP-600 returns for 2025.

release notes T1 TP1 T2 T3 TP-646 T5013 TP-600 templates
TaxCycle 15.0.60436.0—T1/TP1 Paper Filing and Auto-fill My Return (AFR)

This release enables the T1 Condensed barcode and AFR for 2025 T1 returns.

release notes T1 TP1 AFR Auto-fill my return T4 T2 templates
TaxCycle 15.0.60095.0—T1/TP1 2025 Preview Forms and Calculations

This TaxCycle release updates the T1/TP1 forms and schedules to the latest versions available from the CRA and Revenu Québec. It also extends the supporting tax year for Québec’s CO-17 returns to May 31, 2026.

T1 TP1 T2 CO-17 templates options release notes
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
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
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
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