TaxCycle 14.2.57646.0—Resolved Issues

To install this version immediately, download the full installer from our website or request a free trial. Once we enable the automatic update for this version, TaxCycle will prompt you to install it according to the priority set in your TaxCycle Options. (To deploy auto-update files from your network, see the Auto-Update Files page.)

Release Highlights

• T2 Updates
• T1 Changes
• Resolved Issues

T2 Updates

This release updates Schedule 12 Resource-Related Deductions to the latest version from the CRA, published on July 30, 2025.

• Added new lines AA through JJ to Parts 5 and 6.
• When a corporation's tax year begins before 2024 and ends after 2023, the fields for line AA in Part 5 and line FF in Part 6 become editable, so you can enter the portion of the expenditures incurred before 2024.
  
  

T1 Changes

This release updates form RC151, GST/HST Credit and Canada Carbon Rebate Application for Individuals Who Become Residents of Canada, to the latest version published by the CRA. We also added support for electronic signatures for this form.

Resolved Issues

• Known Issue: T3 Alberta Provincial Tax Calculation Error
• T3 2025—Resolved an issue where TaxCycle did not correctly transmit all disposition lines from the T3 Schedule 1.