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T3RET EFILE Coming Soon

The Canada Revenue Agency (CRA) is updating its systems to offer a modernized electronic filing (EFILE) process for T3 returns.

This system will replace the current process to upload T3RET XML using the CRA Internet File Transfer. The T3 slip filing process will remain unchanged.

Filing T3RET from prior years

As of December 23, 2021, you can no longer electronically file T3RET XML using the CRA Internet File Transfer method. If you still need to file a T3RET from a prior year, please file it on paper.

What to expect…

The T3 EFILE process will launch when the CRA EFILE systems open on February 21, 2022. The T3 EFILE filing process in TaxCycle will be similar to the T1 EFILE process.

T3 EFILE will be limited to the following returns for fiscal periods ending in 2021 and 2022:

  • T3 Trust Income Tax and Information Return (T3RET)
  • T3 Retirement Compensation Arrangement (RCA) Part XI.3 Tax Return (T3RCA)

EFILE of amended T3 returns and of T3 election documentation are not part of the T3 EFILE system at this time.

TaxCycle T3 will include an EFILE worksheet to help you identify any exclusion preventing electronic filing.

As we are undergoing T3 EFILE certification, the information above is subject to change. Please watch for updates in future TaxCycle release notes.