TaxCycle 9.0.36930.0—Track and Link Sidebars

This release rolls over the Forms module to 2019. It also includes the new Track and Link sidebars.

Get this version as an automatic update, a full download from our website or a free trial. (To deploy auto-update files from your network, see the Auto-update files page.)

Release highlights

• Rollover of Forms module to 2019
• TaxCycle T1/TP1
• TaxCycle T2
• TaxCycle T3
• TaxCycle T4 and TaxCycle T5
• New! Link sidebar
• New! Track sidebar

Rollover of Forms module to 2019

• The new module for TaxCycle Forms includes forms updated for 2019.
• Customer Request Added new rows to Page 2 of the form T2057 Election on disposition of property by a taxpayer to a taxable Canadian corporation to allow for more than one corporation to be listed as part of the disposition.

TaxCycle T1/TP1

• Customer Request Added the new form RC151 GST/HST credit for individuals who become new residents. New prior year income fields were added to the Immigrant worksheet to support this form.
• Customer Request Added review messages to the T2125 for transfers from a T5013 that indicate which parts of the form are applicable in the case of business income from a partnership.
• Added Joint and Family Summaries for Quebec residents.

TaxCycle T2

• Customer Request Added an entry in the drop-down menu on lines 405 and 425 of the Schedule 7 to match the Partnership name entered on Line 200. This resolves an issue where certain fields were not populating if names were not typed exactly the same.
• Customer Request Added a field on the Info worksheet to enter the GST/HST access number.
• Customer Reported Resolved an issue where S8Asset form was not showing in the Prepare sidebar.

TaxCycle T3

• New! S1 Manager for recording foreign capital gains.
• Customer Request Added support for foreign rental income to the T776.
• Customer Request Added the S9Ben Beneficiary Income Allocation Statement, a printable summary of beneficiary income that is used when Question 6 on the Schedule 9 is set to No.
• Customer Request Added review messages to the T2125 for transfers from a T5013 that indicate which parts of the form are applicable in the case of business income from a partnership.
• Customer Reported Made Québec TPC visible to allow filing with RL-16 slips when a trust is not resident in Quebec, but has beneficiaries resident in Quebec.

TaxCycle T4 and TaxCycle T5

• Added a Due Date field on the Info worksheet that updates the related workflow task.
• Updated the client letter with the new due date information.

New! Link sidebar

1. The new Link sidebar shows you a list of all the files related to the current taxpayer's return. (Some of this information also appears on the Linked Files page, on the Info screen under the File menu.)
2. The sidebar shows linked DoxCycle files, prior-year returns, attached files, and documents imported into the return.
3. Click on an entry to open it in the Windows® default program.
4. Click the buttons on the right of an entry to refresh a carryforward, refresh the prior year or open the file. (Or, right-click to access more options like expanding and collapsing the view, or opening the containing folder in Windows®.)

New! Track sidebar

Track and update the status of the current return in the new Track sidebar. This new tab on the sidebar displays the workflow for the current client. (Information for all taxpayers in the file still appears on the Info screen under the File menu, and—if configured—upon saving a file.)

See the Workflow groups and tasks help topic to learn how to configure workflow to match the process in your practice.