TaxCycle 9.1.38026.0—Ready for EFILE and NetFile

TaxCycle T1 is certified by the Canada Revenue Agency (CRA) for filing 2019 returns when EFILE systems open Monday, February 24, 2020. Revenu Québec has also approved filing of 2019 TP1 returns through NetFile Québec.

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

• TaxCycle T1 2019 Ready for EFILE
• TaxCycle TP1 2019 Ready for NetFile
• AUT-01 Added to TaxCycle Forms
• Create a T3 Return with a Stub Period
• Customer Requests
• Template Changes

TaxCycle T1 2019 Ready for EFILE

TaxCycle T1 2019 is certified by the Canada Revenue Agency (CRA) for electronic filing when the system reopens on February 24, 2020. As of that date, you can use TaxCycle T1 to access the following electronic services:

• T1 EFILE for 2016, 2017, 2018 and 2019 initial personal income tax and benefit returns
• ReFILE for 2016, 2017, 2018 and 2019 amended T1 returns
• Express NOA for notices of assessment from 2016, 2017, 2018 and 2019
• T1135 foreign income verification statement
• Pre-authorized debit (PAD) requests for 2019 (PAD only supports paying a balance due on current year returns)

To learn how to file T1 returns from TaxCycle, sign up for our upcoming EFILE and Express NOA webinar.

Access to the following electronic services from TaxCycle was available as of February 10, 2020:

• Electronic submission of authorization requests (formerly T1013) from TaxCycle T1 2019
• Auto-fill my return (AFR) for 2016, 2017, 2018 and 2019 data (AFR for 2016, 2017 and 2018 only retrieves slip data)

Please note that due to the extensive redesign of the T1139 by the CRA this year, the form is still in progress and shows a Preview watermark. All other forms are final.

TaxCycle TP1 2019 Ready for NetFile

TaxCycle T1/TP1 2019 is approved by Revenu Québec for electronic filing when the system reopens on February 24, 2020. As of that date, you can use TaxCycle to file 2016, 2017, 2018 and 2019 TP1 returns. To learn how to file TP1 returns from TaxCycle, review the TP1 NetFile Québec help topic.

This release also updates TaxCycle to support the latest changes to the Tax Data Download (TDD) process. The TDD system opens on Monday, March 2, 2020. To learn how to download tax data from Revenu Québec, read the Québec Tax Data Download (TDD) help topic.

AUT-01 Added to TaxCycle Forms

This release adds the AUT-01 Authorize a Representative for Access by Phone and Mail form to TaxCycle Forms. Complete this form to request offline access (by phone or mail only) to individual and business tax accounts. If you submit this form for clients for whom you already have an authorization, this will cancel your online access to their accounts.

Create a T3 Return with a Stub Period

Certain T3 returns with a year end other than December 31st are required to convert to a December 31st year end. Previously, this required you download an extension and add it to TaxCycle. As of this release, this functionality is included in TaxCycle T3.

1. When a T3 return meets the required criteria, TaxCycle will show a review message on the Tax year end field.
2. Click the Create a T3 stub period return button to create a new file for the stub period with a December 31st year end. Data from the first file will carry forward into the new return.

Customer Requests

• Updated the Exclude slip check box so that when it's checked, TaxCycle doesn't trigger review messages for the slip and excludes the slip's amounts from the slips summary. Changes apply to the following slips: T4, T4A, T4PS, T4A-RCA, T4A-NR, NR4, T5, T5018. Other slip types will follow in a later release.
• Corrected the multiple jurisdiction calculations for cases where the principal taxpayer only has a federal return and the spouse has both a federal and Québec return.
• Resolved an issue where TaxCycle wasn't creating the related RL-1 slip if the T4A slip recipient was a corporation.
• Resolved an issue carrying forward T5013 line 222 and 225 from Taxprep®.

Template Changes

• Changed the field code for the Medical Expenses section in 2019 T1 client letters (CLetter, JLetter, DLetter). It changed from {{ S1.FederalNRTC.M[45] }} to {{ T1.FederalNRTC.M[45] }} to reflect the S1 becoming part of the T1 jacket. Please update any customized templates with this change. Read the related known issue for more information.
• Removed the section on the Alberta Family Employment Tax Credit (AFETC) from the T1 client letters (CLetter, JLetter).
• Changed the name of the Alberta Child Benefit (ACB) to the Alberta Child and Family Benefit (ACFB) in the T1 client letters (CLetter, JLetter).