News

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

RESOLVED: Fuel Charge Credit for Farmers Eliminated for 2025 (T2 Schedule 63)

The federal government made an announcement to cease the application of the federal fuel charge, effective April 1, 2025.

T2 T2 Schedule 63 T2SCH63

RESOLVED: T2 Schedule 63 Payment Rates for 2024

As of today's date, the Minister of Finance has not announced the 2024 payment rates for T2 Schedule 63, Return of Fuel Charge Proceeds to Farmers Tax Credit.

T2 T2 Schedule 63 T2SCH63

TaxCycle 13.1.52339.0—T1 EFILE, T3 and T5013 Certification

The CRA and RQ have certified TaxCycle T1/TP1, T3 and T5013/TP-600 for filing 2023 returns when EFILE systems open on Monday, February 19, 2024.

release notes T1 TP1 EFILE NetFile T3 T5013 T2 T2 Schedule 63 T2SCH63 Climate Action Incentive