TaxCycle

News

RESOLVED: Alberta AT1 Error 10020

Error 10020 occurs when you attempt to file an AT1 return created in the 2024 T2 module rather than the updated 2025 T2 module. Convert the file to solve the issue.

known issue AT1 T2 Alberta Finance
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
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
RESOLVED: Persistent Review Message for CCA Class 43.1 or 43.2 on T2 Schedule 8

Selecting class 43.1 or 43.2 in the CCA Class number column on T2SCH8 results in a persistent review message even after completing all required information in the table row.

known issue T2
RESOLVED: T2 Transmission Rejected Due to Systems Maintenance

Users may receive an error message when attempting to file T2 returns.

known issue T2
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 15.0.59548.0—2025 Slips and Relevés Carryforward, T3010 and TP-985.22 Returns

This version of TaxCycle is ready for filing T3010/TP-985.22 returns. It also allows you to carry forward 2025 slips returns from competitor software for planning and evaluation purposes.

release notes slips T3010 T2 templates
New Security Questions for WAC and DAC Requests in T2 and TaxCycle Forms

The latest TaxCycle release adds new authentication fields to the T2CIFWS in TaxCycle T2 and the SERs worksheet in T2 and TaxCycle Forms.

CRA WAC SERs T2 Forms module
TaxCycle 15.0.58923.0—Major T2/AT1 Update, 64-bit Upgrade

This release extends the tax year ends for T2 and AT1 returns up to May 31, 2026. It also converts TaxCycle to a 64-bit only application.

release notes T2 AT1 Forms module WAC SERs CO-17 templates
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
RESOLVED: T2 S341 is Missing the 1.5% Rate for New Small Businesses

T2 S341 is missing the 1.5% tax rate for new small businesses.

known issue T2
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
T2: Government Announces Non-Taxability of CCR for Small Businesses

On June 30, 2025, the Minister of Finance issued draft legislation to make all Canada Carbon Rebates for Small Businesses non-taxable.

CRA T2 Canada Carbon Rebate CCR
RESOLVED: T2 CO-17 "Index is out of range" Carryforward Error

TaxCycle T2 version 14.2.56699.0 fails when attempting to carry forward a CO-17 return.

known issue T2
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
RESOLVED: T2 S322 Doubling Taxable Income for PEI

For multi-jurisdictional (MJ) corporations with a jurisdiction in Prince Edward Island (PEI), the taxable income amount on line 1A of Schedule 322 is incorrectly doubled.

known issue T2 PEI
Known Issue: T2 "Method is not Valid for MultipleSnapshot" Error

If you attempt to open or convert a .2025T2 file with an active comparative snapshot in version 14.2.56699.0, TaxCycle displays a fatal error.

known issue T2 snapshot
TaxCycle 14.2.56699.0—T2 and AT1 Certification

This certified release of TaxCycle T2 and AT1 extends the supported corporate tax year ends up to October 31, 2025.

release notes T2 AT1 templates
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 14.1.56032.0—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 14.0.55570.0—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 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
TaxCycle 14.0.55258.0—2024 Slips Filing

This TaxCycle release is ready for filing 2024 slips when systems open on January 13, 2025.

release notes slips T2
TaxCycle 14.0.55231.0—Revisions Made to T2 Schedule 6

This TaxCycle release removes lines previously added to the T2 Schedule 6.

release notes T2
TaxCycle 14.0.55100.0—Major T2/AT1 Update, Capital Gains Inclusion Rate Increase (Retracted)

***To conform with the CRA's expectations for the draft T2 Schedule 6, we have retracted the full installer for TaxCycle version 14.0.55100.0.*** This release extends the tax year ends for T2 and AT1 returns up to May 31, 2025.

release notes T2 AT1 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