TaxCycle T1 is built on the best of today's technology paired with familiar shortcuts and forms.
With hundreds of delightful innovations, you'll be amazed at how you'll be processing tax returns more efficiently than ever before.
Pair DoxCycle with TaxCycle T1 to create an affordable paper-free process for your practice.
TaxCycle T1 is included in the Complete Paperless Tax Suite, the Paperless Office, and Tax Basics. It is also available as a standalone module.
Find out for yourself why thousands of tax preparers have already switched. Get up and running in just 10 minutes with your free trial of the TaxCycle Suite. Seamlessly carry forward returns from DT Max®, Cantax®, Taxprep® and ProFile® software.
We guarantee the accuracy of all T1/TP1 personal tax calculations made through our software. If your client is charged interest on tax due to an inaccurate calculation made using the software, Trilogy Software will pay that interest, up to the cost of the software purchased.
Read the full guaranteeQuickly match downloaded data with existing and past-year data, easily aggregate large numbers of slips, and identify new data when you download from AFR again.
Prepare returns for all kinds of families and have TaxCycle optimize credits between them. All in one file. Multiple generations in the same household? No problem. EFILE them all at once in one click with Family Transmit.
Apply solutions in a single click with time-saving Quick Fix suggestions. Hide optional messages you don't want to see. Fast, accurate return preparation.
Tax optimizations run automatically as you enter data. Calculations show on the Optimizations worksheet, where you can adjust or disable credits to achieve the results you want.
Data flow between Asset managers and Capital Cost Allowance (CCA) worksheets allow you to quickly enter a small amount of information, or manage many assets over multiple years.
A blend of our automatic T1-ADJ and EFILE process. ReFILE in TaxCycle tells you to file an adjustment and guides you step-by-step. No guessing. No waiting.
Download the notice of assessment (NOAs) right after the return has been received and processed by the CRA. You and your clients know what to expect.
Scan paper slips or import emails and attachments into DoxCycle, then post amounts into T1 tax returns. After filing, print the tax return back into DoxCycle for an archive of all documents.
Built-in templates you won’t find anywhere else, like our Pre-Season checklist and Incomplete Slips email that help your clients gather everything they need for the coming tax season.
Looking for Québec TP1 forms and calculations? Calculations and forms for Québec TP1 personal tax returns are included in the Complete Paperless Tax Suite. For any other bundle or for a standalone TaxCycle T1 purchase, you can add them as a site license. Learn more about Québec TP1.
| RETURNS | |
|---|---|
| Number of returns | Unlimited |
| Years | 2012 onward |
| CARRYFORWARDS | |
| TaxCycle T1 | |
| ProFile® T1 | |
| Cantax® T1 | |
| Taxprep® T1 | |
| DT Max® T1 | |
| Batch carryforward | |
| ELECTRONIC SERVICES | |
| T1 EFILE | |
| Auto-fill my return (AFR) data download | |
| Express NOA (notice of assessment) | |
| Electronic submission of authorization requests (formerly T1013) | |
| T1135 Foreign Income Verification Statement electronic filing | |
| Pre-authorized debit (PAD) requests | |
| ReFILE of adjusted T1 returns | |
| RETURN TYPES | |
| Coupled taxpayer/spouse returns | |
| Family/dependant linking | |
| Non-resident and part-year resident returns | |
| Returns for deceased taxpayers | |
| Multiple-jurisdiction tax returns | |
| Bankruptcy returns | |
| TAX OPTIMIZATIONS | |
| Pension income splitting | |
| Donations | |
| Medical expenses | |
| Transit | |
| Home buyers' amount | |
| Student loan interest | |
| Net-capital losses | |
| Non-capital losses | |
| Capital gains deduction | |
| Unused tuition/books/education transfers | |
| Working income tax benefit | |
| DATA INTEGRATION | |
| Import slip data from DoxCycle | |
| Import slip data from TaxCycle T3, T4/T4A and T5 (SlipSync) | |
| Import data from Excel® | |
| Create a DoxCycle file from TaxCycle | |
| Carry forward and create both a TaxCycle and DoxCycle file | |
| Save a tax return back into a DoxCycle file | |
| Export invoices to QuickBooks® desktop and QuickBooks® online | |
| TEMPLATES AND CLIENT CORRESPONDENCE | |
| Client letter (and joint client letter) | |
| Email templates | |
| Engagement letter | |
| Incomplete slips letter/email (and joint/family incomplete slips) | |
| Email any template to client | |
| Invoice (and joint invoice) | |
| Billing using timer, schedules and forms | |
| Mailing labels (Avery, Brother, Dymo, etc.) | |
| Send documents securely with e-courier.ca | |
| Pre-season letter | |
| T7DRA – Electronic filing remittance form | |
| File notes | |
| WORKSHEETS | |
| Allowable Business Investment Loss (ABIL) | |
| Authorization/Cancellation Request (formerly T1013) | |
| Bankruptcy | |
| Capital Gains/Losses Manager (S3M) | |
| Canada Child Benefit (CTB) | |
| Credits (various credit amounts) | |
| Dependant details (Dep) | |
| Dependant child care/fitness/arts expenses (DepEx) | |
| Deductions (various deductions) | |
| Donations | |
| EFILE results | |
| EFILE worksheet | |
| Engagement – Client engagement information | |
| Express NOA | |
| Foreign Tax Credit (FTC) | |
| GST/HST (Goods and Services Tax/Harmonized Sales Tax) | |
| Immigrant/Emigrant | |
| Personal Information (Info) | |
| Income (various income amounts) | |
| Instalments | |
| Medical expenses | |
| Medical travel expenses | |
| Motor vehicle expenses | |
| Net capital losses | |
| Non-capital losses | |
| Optimizations | |
| Pre-authorized debit (PAD) results | |
| Registered Pension Plan (RPP) deductions | |
| RRSP contributions | |
| Next year RRSP deduction limit (RRSPNext) | |
| Social Benefits Repayment | |
| Student Loan Interest | |
| Support Payments | |
| SUMMARIES | |
| 2-year client summary | |
| 2-year variance summary | |
| 5-year summary | |
| T1 summary | |
| T1 short summary | |
| Auto-fill my return (AFR) summary | |
| Carry forward summary | |
| Client data enquiry (SEND) summary | |
| Dependants credit summary | |
| Joint summary | |
| Family summary | |
| Long family summary | |
| Foreign tax credits summary (FTCSum) | |
| Pension summary | |
| Rental/business statement summary (StatementSum) | |
| Memos summary | |
| Slips summary | |
| Tapes summary | |
| FEDERAL/PROVINCIAL SCHEDULES AND FORMS | |
| T1 Jacket and T1 Condensed | |
| Federal Schedules 2 through 14 | |
| Federal schedules for non-residents: A, B, C, D, T1159, T1234 | |
| Alberta: AB428, ABS2, ABS11, T89 | |
| British Columbia: BC428, BC479, BCS2, BCS11, BCS12, T88, T1014, T1014-1, T1014-2, T1231 | |
| Manitoba: MB428, MB428A, MB479, MBS2, MBS11, T1005, T1241, T1256, T1256-1, T1299, T4164 | |
| New Brunswick: NB428, NBS2, NBS11, T1258 | |
| Newfoundland and Labrador: NL428, NLS2, NLS11, T1129, T1272, T1279 | |
| Nova Scotia: NS428, NSS2, NSS11, T1285, T224, T225 | |
| Northwest Territories: NT428, NT479, NTS2, NTS11 | |
| Nunavut: NU428, NU479, NUS1, NUS11, T1317 | |
| Ontario: ON428, ON428-A, ON479, ON479-A, ONBEN, ONS2, ONS11, ONS12, T1221, Ontario Self-Employment Credits worksheet, Ontario Trillium benefit estimate | |
| Prince Edward Island: PE428, PES2, PES11 | |
| Québec TP1 returns | Included in Complete Paperless Tax Suite. Or, Sold separately. |
| Saskatchewan: SK428, SK479, SKS2, SKS11, RC360, T1237, T1284 | |
| Yukon: YT428, YT432, YT479, YTS2, YTS11, T1232 | |
| T2203 – Provincial and Territorial Taxes – Multiple Jurisdictions | |
| SLIPS | |
| T3 – Trust Income | |
| T4 – Remuneration Paid | |
| T4A – Pension Retirement, Annuity and Other Income | |
| T4A(OAS) – Old Age Security | |
| T4A(P) – Canada Pension Plan Benefits | |
| T4A-RCA – Distributions from a Retirement Compensation Arrangement | |
| T4E – Employment Insurance and Other Benefits | |
| T4PS – Profit-Sharing Plan Allocations and Payments | |
| T4RIF – Income from a Registered Retirement Income Fund | |
| T4RSP – Income from an RRSP | |
| T5 – Investment Income | |
| T5007 – Benefits | |
| T5008 – Security Transactions | |
| T5013 – Partnership Income/Tax Shelters and Renounced Resource Expenses | |
| T101 – Resource Expenses | |
| RC62 – Universal Child Care Benefit (UCCB) | |
| RC210 – Working Income Tax Benefit (WITB) | |
| Tuition (T2202/A, TL11A/B/C) | |
| Foreign Income | |
| Resource Income & Depletion | |
| INCOME STATEMENTS | |
| T776 – Real Estate Rentals, plus related CCA/asset worksheets | |
| T2042 – Farming Activities, plus related CCA/asset, CEC, farming inventory adjustment and T1139 | |
| T2121 – Fishing Activities, plus related CCA/asset, CEC and T1139 | |
| T2125 – Business or Professional Activities, plus related CCA/asset, CEC and T1139 | |
| T1163/T1273 – AgriStability Statement A, plus related CCA/asset, CEC, farming inventory adjustment and T1139 | |
| T1164/T1274 – AgriStability Statement B | |
| ResourceWS – Resource Income Statement | |
| DEDUCTIONS | |
| T1M – Moving expenses | |
| T657 – Capital gains | |
| T746 – Unused RRSP, PRPP and SPP contributions | |
| T777 – Employment expenses and related worksheet | |
| T778 – Child care expenses | |
| T929 – Disability support payments | |
| T936 – Cumulative net investment loss (CNIL) | |
| T1032 – Joint election to split pension income | |
| T1212 – Deferred security options benefits | |
| T1223 – Clergy residence deduction | |
| T1229 – Resource expenses and depletion allowance | |
| T2017 – Reserves on dispositions of capital property | |
| T2200 – Declaration of conditions of employment | |
| T2205 – Spousal RRSP/RRIF amount for income inclusion | |
| T2222 – Northern residents deductions | |
| T5004 – Tax shelter loss or deduction | |
| TL2 – Meals and lodging expenses | |
| RC267/RC268 – Employee contributions to a US retirement plan | |
| RC269 – Employee contributions to a foreign pension plan or social security arrangement | |
| TAX AND CREDITS | |
| T626 – Overseas employment tax credit | |
| T691 – Alternative minimum tax | |
| T1170 - Capital gains on gifts of certain capital property | |
| T1172 – Tax on RESP income | |
| T1206 – Tax on split income | |
| T2036 – Provincial or territorial foreign tax credit | |
| T2038 – Investment tax credit (individuals) | |
| T2201 – Disability tax credit certificate | |
| T2204 – CPP and EI overpayment | |
| T2209 – Federal foreign tax credits | |
| CPT20 – Election to pay CPP contributions | |
| GST370 – Employee and partner GST/HST rebate application | |
| RC359 – Tax on excess employees profit-sharing plan amounts | |
| RC381 – Inter-Provincial Calculation for CPP and QPP | |
| FILING AND AUTHORIZATION | |
| DC905 – Bankruptcy identification form | |
| T1A – Request for loss carryback | |
| T1ADJ – T1 Adjustment request | |
| T1DD – Direct deposit request (individuals) | |
| T183 – Information return for electronic filing | |
| T1132 – Alternative address authorization | |
| T1135 – Foreign income verification statement | |
| T1141 – Transfers or loans to a non-resident trust | |
| T1153 – Consent and request form | |
| T1161 – List of properties by an emigrant of Canada | |
| T1162A – Pre-authorized payment plan | |
| T1198 – Qualifying retroactive lump-sum payment | |
| T1243 – Deemed disposition of property by an emigrant of Canada | |
| T1244 – Election to defer payment of tax on a deemed disposition of property | |
| T2091/WS – Designation of a property as a principal residence | |
| TX19 – Asking for a clearance certificate | |
| RC59 – Business consent form | |
| RC71 – Statement of discounting transaction | |
| RC72 – Notice of the actual amount of refund of tax | |
| T90 – Income Exempt under the Indian Act | |
| PRACTICE TOOLS | |
| Client Manager | |
| Template Editor | |
