TaxCycle 15.1.62616.0—T3/TP-646 Rollover (Revised)

This TaxCycle release rolls over the T3/TP-646 module to the 2026 tax year.

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

• Rollover of T3/TP-646 to 2026
• Other Updates

Rollover of T3/TP-646 to 2026

The new module for TaxCycle T3 allows you to begin data entry for 2026 federal and Québec trust income tax and information returns. Please note the following:

• You can carry forward 2025 T3 returns from TaxCycle. Competitor carry forwards will become available in a future release.
• You can use this module to file T3 trust returns with fiscal year ends in 2026.
• The government forms are the 2025 forms updated to include 2026 indexed amounts and budget changes announced or estimated based on the information we have at this time. A review message appears on the year-end date field and in a bulletin at the top of the form to remind you of this.
• This module permits the transmission of T3 slips through the CRA Internet File Transfer (XML) and the transmission of Québec relevés.
• This update includes various enhancements to T3 review messages and core functionality, based on customer feedback from the 2025 filing season.

Form Updates

• Updated TX19 Asking for a Clearance Certificate to the latest 2026 version.

Other Updates

• Customer Reported T2—TaxCycle now correctly displays the T1135 foreign property review message on the Info worksheet only when the corporation is a resident of Canada.
  
• Customer Reported T2—TaxCycle now correctly displays the T1135 foreign property paragraphs in the Client Letter (CLetter) only when the corporation is a resident of Canada.
  
• T5013 2024—To support legislation introduced in Bill C-15, TaxCycle now allows for the preparation and electronic filing of Schedule 75 (Clean Technology Investment Tax Credit) for fiscal year ends between March 29, 2023, and December 31, 2024.
  • To file an amended 2023 return, copy the 2023 file and change the file extension to .2024T5013 to open and file it in the 2024 module.
• TaxCycle Forms—Updated the following forms to their latest versions from the CRA:
  
  • CPT100 Appeal of a ruling under the Canada Pension Plan and/or Employment Insurance Act
  • GST159 Notice of Objection (GST/HST)
  • T2066 Election for Immediate or Gradual Intergenerational Business Transfer
  • T400A Notice of Objection - Income Tax Act
  • UHT0001 Notice of Objection - Underused Housing Tax Act