March 2024

QBOA Pro Tax version 2024.3.1 is now live

In this release, along with content updates, we have enabled multiple form selection in IntuitSign. This allows users to attach up to five documents with a single eSignature request

 (New!) ProTax IntuitSign:

Users may attach up to five authorization documents to a single request. This allows request senders to save time as they no longer have to individually request eSignatures. Note: As the T1032 requires multiple signatures from separate individuals, the ability to attach it to a multiform request is not supported.

Form Updates:

Do not submit any forms that indicate "This form is currently under review" at the top of the form as they have not yet been finalized and/or approved. The following forms have updated content:

T1 - Personal Taxes:

Federal Forms

Canada Carbon Rebate (CCR, formerly CAIP) 

The Climate Action Incentive Payment (CAIP) worksheet has been renamed to Canada Carbon Rebate (CCR) in line with the recent change announced by the federal government. The estimated benefit amounts for April 2024 to January 2025 have been updated.

T2 - Corporate Taxes:

Federal Schedules

S63 - Return of Fuel Charge Proceeds to Farmers Tax Credit

Effective for 2023 and later tax years, four additional designated provinces are now eligible for this tax credit. These include: Nova Scotia, Prince Edward Island, Newfoundland and Labrador, and New Brunswick.

Payment rates are also updated for the 2023 calendar year. 

 (New!) Designated Immediate Expensing Property (DIEP) Prior-Year Class 10.1 Vehicle Additions

A new checkbox “Vehicle acquired as DIEP (Class 10.1)” is now available to enable the CCA recapture calculation (if applicable) when Class 10.1 vehicles had been previously acquired as DIEP.

T3 - Trust Returns:

T3 multi-juridictional schedules are now updated for 2023 tax year and are available for filing. 

Other Product Enhancements & Fixes:

• Fix: BC479 BC renter’s tax credit - Preparers may enter more than one address on BC479.  

• Fix: With a T1 Return, the clients’ middle name now persists in the field. 

• Fix: With a T1 return, preparers can reorganize forms in the print sets and the form order will persist during the print job. 

• Fix: In the T1 return, the T778 Form’s Line 11 now has the correct cap of 52 weeks and Line 12 has the correct cap of 12 months.

• Fix: The listing for institutions has been updated and more institution numbers for direct deposit have been added. Preparers can also enter manually if any is missing from the list.

• Fix: S INV-101158: S101 gets erased when reimporting GIFI workpaper. A warning/notice has been updated to specify that this form will be erased, in addition to Info, S100, and S125.

• Enhancement: AuthorizeRep: The first name, last name, business name and group name have been added to the screen for preparers to confirm correctness.



QBOA Pro Tax version 2024.2.3 is now live. 

In this release, we added the ability to collect multiple eSignatures in a single request for tax year 2023 and other product improvements.

Multisign - eSignature

• Intuit Sign now supports the ability for accounting professionals to request multiple signatures from their clients on a single form. This capability is available only in the ProTax T1 module. This functionality can only be used with the T1032 form (Coupled Returns - Pension Splitting).

Other Product Improvements & Defect Corrections

1. Enhancement: UI Efficiency Enhancement - Previously, customers had to search the “Info” and the “T1 Express” tab in order to add a client’s phone number and email address. Users can now more easily enter a client’s phone number and email under the “Info” section on the “T1 Express” tab [QBTX-8240]

• Customer Impact: Customers would spend time flipping back and forth between the “Info” tab and the “Express Tab” to enter critical client information. Accounting pros can now save time by entering it in one convenient location. 

2. Fix: Previously, if a company’s name was updated, ProTax pulled the older company name found in the certification section  [QBTX-8197]

• Customer Impact: If the company name changes, the new name will now be reflected when new returns are created.  

3. Fix: Within the T2 module, when entering a phone number for the signing officer or contact person, an auditor message that the number was invalid was displayed despite being valid. [QBTX-8137]

• Customer Impact: Valid phone numbers for the signing office or contact person are now accepted.  

4. Fix: T3 2023 Alberta tax form was reporting an incorrect rate.  [PFTS-68966]

• Customer Impact: The correct tax rate now shows 10% applicable to the first $142,292 of taxable income. 



February 2024

QBOA Pro Tax version 2024.2.2 is now live. 

For those users of ProTax’s T3 module, we have added the ability to collect eSignatures for key authorization forms for tax year 2023.

Form Updates:

The following forms have been updated:

T1 Tax Content (Personal Taxes) Highlights:

• 2023 T1 form updates
• T1 EFILE from 2018 to 2023 tax years
• T1 Barcode and KFS
• T1 ReFILE from 2020 to 2023 tax years
• T1134 EFILE from 2022 to 2023 tax years
• T1135 EFILE from 2019 to 2023 tax years
• Auto-fill my Return (AFR) from 2018 to 2023 tax years
• Express Notice of Assessment (ENOA) from 2018 to 2023 tax years
• T1356 is now available

T2 Tax Content (Corporate Taxes) Highlights:

• AgriStability forms updated in T2

T3 Tax Content (Trust Returns) Highlights:

• T3RET/T3M/T3 RCA EFILE from 2021 to 2023 tax years
• T3P EFILE for 2023 tax year (New!)
• T3PRP EFILE for 2023 tax year (New!)
• T1135 EFILE for 2022-2023 tax year 
• S15/S15S upp can now be filed electronically in T3/T3M/T3RCA EFILE
• Section 216 return is available for T3 Electronic Filing
• T2000 is now available (New!)
• 2023 T3 form updates

FX Tax Content (Form Expert) Highlights:

• 2023 FX form updates

T1 - Personal Taxes

Federal Forms

INFO Worksheet “Residency Type” Update

New drop-down list has been added to indicate the taxpayer’s “Residency type”. The Residency types of 1–7 are used to determine the return’s EFILE eligibility. 

CAIP - Climate Action Incentive

Two new boxes have been introduced on the Climate Action Incentive Payment worksheet and the T1 return for residents of New Brunswick to capture information regarding whether a taxpayer resided outside of a Census Metropolitan Area with respect to both tax year 2022 (retroactively) and tax year 2023. 

New checkbox for Designated Immediate Expensing Property (DIEP) Prior-Year Vehicle Additions (CCA Classes 10/10.1/54/55)

New checkbox “Vehicle acquired as DIEP (previous year)” for CCA classes 10/10.1/54/55 is added. The new checkbox tracks if the vehicle acquired in prior year(s) was designated an immediate expensing property (DIEP). 

The checkbox is available on the following worksheets:

• BusAuto (for CCA Classes 10/10.1/54/55)
• T776 Asset (for CCA Class 10.1)
• T2042 Asset (for CCA Class 10.1)
• T2121 Asset (for CCA Class 10.1)
• T2125 Asset (for CCA Class 10.1)
• T1163-T127 Asset (for CCA Class 10.1)
• ResourceAsset (for CCA Class 10.1)

It's recommended that the 2022 T1 returns which had Class 10/10.1/54/55 vehicle DIEP acquisitions are carried forward to 2023 T1 with the latest Pro Tax version so that such acquisition information is retained in the 2023 T1 returns. 

For the 2022 T1 returns which had Class 10/10.1/54/55 DIEP acquisitions that were already carried forward to 2023 prior to this Pro Tax version, the following information will need to be manually entered on the 2023 T1 returns:

• Historical DIEP information (for example, CCA class, date acquired, the cost of vehicle, UCC at beginning of the year) and the new checkbox on BusAuto worksheet
• The new checkbox on other business/rental Asset worksheets (T776 Asset, T2042Asset, T2121Asset, T2125Asset, T1163-T1273Asset, ResourceAsset)

T1170 - Capital Gains on Gifts of Certain Capital Property

Effective for the 2023 tax year, two new lines are added to the Form T1170 to allow donors to solely track gifts of ecologically sensitive land.

The following lines have been added to Form T1170:

• 68251 - Proceeds of disposition of certified ecologically sensitive land
• 68252 - Gains eligible for 0% inclusion rate from the disposition of certified ecologically sensitive land

Provincial

T1356 - British Columbia Clean Buildings Tax Credit

Effective for the 2023 tax year, individuals claiming expenditures qualifying for this tax credit should complete this form. If the partnership has provided the individual with their allocated credit amount, don't complete this form. Instead, enter the credit amount directly on Form BC479.

T2 - Corporate Taxes

Federal Schedules

AGRI - T2 AgriStability and AgriInvest

AgriStability forms are updated to support 2023 tax year filings.

S1 Auto / S8 Class

S1Auto and S8Class are updated for 2024 automobile deduction limits:

• The ceiling for capital cost allowances (CCA) for Class 10.1 passenger vehicles will increase to $37,000 from $36,000, before tax, in respect of new and used vehicles acquired on or after January 1, 2024.
• The limit on deductible leasing costs will be increased to $1,050 from $950 per month, before tax, for new leases entered into on or after January 1, 2024.
• The maximum allowable interest deduction will be increased to $350 from $300 per month for new automobile loans entered into on or after January 1, 2024.

Additional minor updates to the following forms have been made:

Federal

• S5
• S35
• S38
• S65
• S322
• S461

T3 - Trust Returns

Schedule 15 & S15 Supp - Beneficial ownership information of a trust

S15/S15 Supp can now be filed as part of the T3/T3M/T3RCA returns for tax years ending after December 30, 2023.

T3P & T3PRP EFILE (New!)

For 2023 and subsequent tax years, the T3 Employees' Pension Plan Income Tax Return (T3P) and T3 Pooled Registered Pension Plan Tax Return (T3PRP) can now be filed electronically. 

The EFILE exclusions for each return type can be found on the T3 Efile worksheet. If an exclusion(s) applies, the return must be paper-filed.

To file the return(s), select Transmit -> EFILE T3P return or EFILE T3PRP return.

T2000 - Calculation of Tax on Agreements to Acquire Shares (section 207.1(5) of the Income Tax Act)

This return is now available in the 2023 T3 module. Complete this return if the trust entered into an agreement to acquire shares of the capital stock of a corporation from someone other than the corporation, at a price different from the fair market value when the shares were acquired. 

Non-Resident Section 216 Return EFILE (New!)

Trusts electing to file a T3 return under section 216 of the Income Tax Act can now be filed electronically.

On INFO, select residency Non-Resident S.216, then indicate the type of section 216 return in the drop-down provided: 

• Section 216(1)
• Section 216(4)
• Section 216(5)

FX - Forms Expert

Minor federal forms update

• T1441

T3 - eSignature

T3 now supports Intuit Sign for the following forms:

• AUT-01 - Consent form
• T183 - Information Return for the electronic filing of Trust Return
• T3 - T3 trust income and information return
• T1135 - Foreign income verification statement
• T3APP - Application for Trust Account Number
• T3Adj - T3 adjustment request

QBOA Pro Tax version 2024.1.2 is now live. 

Please do not submit any forms that indicate "This form is currently under review" at the top due to the fact that they have not yet been finalized or approved.

Note: We recommend that discounters in provinces that provide refundable tax credits do not use this release to begin entering data for their clients.

T1 Tax Content (Personal Taxes)

• 2023 T1 form updates

T3 Tax Content (Trust Returns)

• 2023 T3 slip, NR4 slip XML filing

FX Tax Content (Form Expert)

• Updated Federal forms

T1 T3 and FX 2023 forms without DRAFT watermark are updated with the latest government issued form version and tax constant. 

Form marked as " DRAFT" can be used for tax preparation, it is advisable to hold off on filing until the "Draft" status has been removed.

T1

Schedule 3 - Capital Gains (or Losses)

New questions are added to indicate whether the taxpayer disposed of a residential property that was owned for less than 365 consecutive days, and whether the disposition was in relation to at least one of nine life events as specified on the form. 

The following lines have been added on the Schedule 3:

17905 Disposition of property owned for less than 365 consecutive days

17906 Disposition due to, or in anticipation of life events

If the answer is Yes at Line 17905 and none of the life events apply, the housing unit is considered a flipped property and the gain is taxable as business income and the taxpayer must report it on Form T2125, Statement of Business Income or Professional Activities.

Forms Removed in 2023 T1

• T777S and T777SDetails - Statement of Employment Expenses for Working at Home Due to COVID-19
• T2200S - Declaration of Conditions of Employment for Working at Home Due to COVID-19

FX

T3010 - Registered Charity Information Return

Both government form versions (23) and (24) are now supported on the same T3010. For fiscal periods ending on or before December 30, 2023, version (23) must be used for filing. For fiscal periods ending on or after December 31, 2023, version (24) must be used for filing. CRA will not accept it for filing if an incorrect version is used.

If fiscal periods information is entered on INFO, the corresponding T3010 version is automatically selected based on the fiscal periods entered.

Other Product Improvements & Defect Corrections

Bug Fix: T1 efile summary user interface previously showed an incorrect label (QC/YT abatement). This label has been corrected to “RRSP contribution limit”. 

Bug Fix: When printing T5 Slips in the FX 2023 Module, the Copy 2/3 is not printing properly. The correct copies of the slips are now printing properly.

January 10th, 2024

FX Module Export Fix

Pro Tax customers can now export returns from the Pro Tax’s FX module to the ProFile’s FX module.

Enhanced Export Capability

Pro Tax customers can now upload ProFile files up to 5 MB.

November 28th, 2023

Introducing Tax Suite and Bundles purchase options

Now, you can purchase the modules you need together in a single transaction and save money.

• Bundles (T1/T2 and FX/T2) are available for $50 savings
• Full Tax Suite (T1 + T2 + T3 + FX) is available for $150 savings.
• Plus, you'll have a single renewal date to manage across the modules.

October 13th, 2023

This release contains defect corrections and product improvements.

Product Improvements & Defect Corrections

• Client Letters: Improved messaging for “Exception Error” when attempting to print a Client Letter whose source template was deleted
• Client Letters: Warning message when deleting templates that are potentially shared or in use

September 27th, 2023

Features

New ProTax Labs Feature: Form Colours

• Coloured forms to help identify which spouse’s or dependent’s return you are working on within the T1 module

Other Product Improvements & Defect Corrections

• Fixed issue with persistence of data on T3010 form Section C- C16 
• Fixed invalid error message in S100 Notes when new line is created
• T4 Excel import - formula persistence now supported

September 14th, 2023

Features

• Two new features added to Pro Tax Labs

Descriptive Audit Titles

• Within the Auditor Tool, simple descriptions have now been added to the “Issue” or “Warning” audit titles.  

Understandable Audit Messages

• Within the Auditor Tool, audit messages are simplified to improve understandability. 

Other Product Improvements & Defect Corrections

• Fixed missing tax years in return list dropdown for FX and T2 
• Update to special characters allowed in client address (example: apostrophes)
• Added new warning for T1134 when no supplement is attached (example: summary)

August 31st, 2023

New Features

Pro Tax Labs

• Pro Tax Labs: Enables early access to features in development.  

Debug Tool

• New ProTax Lab Feature: The Debug Tool enables customers to seamlessly send an audit log to the customer success team, helping resolve product issues faster.

Other Product Improvements & Defect Corrections

• New Pro Tax Labs tab found next to the T1, T2, T3 & FX tabs.
• New ProTax Lab Feedback button helps us gather your feedback on new features in development
• FX - Editing of the preparer info on Info page is enabled

August 2nd, 2023

Other Product Improvements & Defect Corrections

• Fixed persistence of client names during return import
• FX notification missing when deleting return 
• T2 T1134 EFILE fails after initial failure due to missing ID



July 20th, 2023

• Pro Tax FX module has moved from Beta to a paid subscription

Other Product Improvements & Defect Corrections

• Clearing S24 in T2: Adding the ability to unselect radio button, which allows removing of blank schedule



July 5th, 2023

FX Tax Content (Forms Expert)

• Registered charity information return Schedule T1441 is now available (New!) 

Other Product Improvements & Defect Corrections

• T1 - Street number and street name fields are now separated on S3PrincipalResidenceDetail worksheet
• Pro Tax signoff generates new audit messages
• T4ADetails missing box 48 
• CCB form not included when printing the return 
• Document editor styling updates

 June 21st, 2023

Features

• New setting for AT1 Third Party Service Provider Filer Information 

T2 Tax Content (Corporate Taxes)

• Supported up to fiscal year ends on or before October 31, 2023
• T2 Internet filing is certified for Federal corporate tax returns
• AT1 Internet filing is certified for Alberta corporate tax returns
• T2 worksheets S310Supp and S311Supp are now available (New!)
• AExempt is now a worksheet for AT1 filing exemption checklist; submission to Alberta Tax and Revenue Administration is not required

Other Product Improvements & Defect Corrections

• T2: Fixed S570 Line 102 value unable to save issue
• T2: Banner is added to T113421 to alert user when a T113421 item is deleted after electronically filed

June 7th, 2023

Features

• T1134 EFILE is now available

Other Product Improvements & Defect Corrections

• Fixed FX T3010 to allow negative values in certain fields 

May 12th, 2023

We have released a new billing option in Pro Tax: OnePay. You can now buy a single filing for a return if you are not ready for an annual subscription. In an open return, click the pricing button and you will be able to pay for a single return filing. This option is now available in our T1, T2 and T3 modules.

March 8th, 2023

We have released an open beta for our new module: Forms Expert (FX) In the FX module, you can prepare charity returns, and the most popular slips in Canada, including T4, T4A, T5, T5018 & NR4 slips, with more to come. We have also added the ability to import T4 data from an Excel file to save time. 

T1 Tax Content (Personal Taxes)

• T1B - Request to deduct federal COVID-19 benefits Repayment in a prior year is now available (New!)
• T1 forms update

T3 Tax Content (Trust Return)

• T1135 EFILE for 2022 tax year (New!)
• T3 forms update

FX (Forms Expert) Open beta launch

• Charity Returns (T3010)
• T4 Slips 
• Import T4 data from an Excel file
• T4A Slips
• T5 Slips
• T5018 Slips
• NR4 Slips

 Other Product Improvements & Defect Corrections

• Fixed issue with return summary display
• Fixed issue with extra call being made to template service
• Fixed issue with typeahead dropdowns
• Fixed input validation for date in UK return creation

 =======================================================

Detailed Tax Content Release Notes

T1 Tax Content

T1B - Request to Deduct Federal COVID-19 Benefits Repayment in a Prior Year (New!)

The Income Tax Act was amended to allow individuals the option to claim a deduction for repayments made before January 1, 2023 of certain federal COVID-19 benefit amounts they were not entitled to receive (or chose to repay) on their tax return for the year they received the benefit, rather than on the return on which they repaid the benefit.

Individuals may request to deduct the amount of 2022 repayments on their 2020 or 2021 return by completing Form T1B. The CRA will automatically reassess the 2020 and/or 2021 returns to apply the deduction to the individual’s tax return as indicated on the form.

Climate Action Incentive Payment (formerly Schedule 14)

The CRA has discontinued Schedule 14 for the 2022 tax year. In Pro Tax, the form has been renamed Climate Action Incentive Payment (CAIP). Its purpose is solely to estimate the total Climate Action Incentive benefit payable. You must still indicate whether the taxpayer resides outside a census metropolitan area for them to receive the additional rural supplement. For married or common-law individuals, the rural supplement will be issued to the spouse or common-law partner whose return is assessed first.

Beginning in 2023-24, residents of Newfoundland, Nova Scotia and Prince Edward Island are eligible for the CAIP. All residents of Prince Edward Island are entitled to the 10% rural supplement, which is automatically included in the total benefit.

T2038 - Investment Tax Credit

The form has been updated to include the 30% non-refundable Critical mineral exploration tax credit (CMETC) for targeted critical minerals. This credit is calculated for amounts entered on T5013 Box 239 and T101 Box 122.

The CMETC expenses qualifying for a provincial tax credit entered on T5013 or T101 will be transferred to the applicable provincial form (BC, SK, and MB). 

T3 Tax Content

T1135 EFILE (New!)

Trusts required to complete a T1135 Foreign Income Verification Statement can now file the return electronically to the CRA. The option to Efile T1135 can be found under the Transmit menu.

February 16th, 2023

T1 Tax Content 

• T1 EFILE from 2018 to 2022 tax years
• T1 Barcode 
• T1 ReFILE from 2019 to 2022 tax years
• T1135 EFILE from 2019 to 2022 tax years
• Auto-fill my Return (AFR) from 2018 to 2022 tax years
• Express Notice of Assessment (ENOA) from 2019 to 2022 tax years
•  2022 T1 form updates

T2 Tax Content 

• Updated AgriStability forms in T2

T3 Tax Content 

• T3 EFILE from 2021 to 2022 tax years
• 2022 form updates

 Other Product Improvements & Defect Corrections

• Add preparer phone number to Business Consent form
• Add preparer name to Business Consent for T1
• Clear audit when using web access code for T2 EFILE 
• Fixed an issue with default form set updates for print settings 

Detailed tax content release notes

T1 Tax Content

Business Consent

Starting in October 2022, CRA expanded the Confirm my Representative service to include authorization requests for business received using EFILE software. The Business Consent form in Pro Tax now includes additional instructions reminding preparers to have their client go to My Business Account to confirm requests within 10 business days.

T5013

Box 237 for Return of Fuel Charge Proceeds to Farmers Tax Credit has been split to indicate the province for which the credit applies: ON, MB, SK, AB.

T2 Tax Content

S200 - T2 Corporation Income Tax Return

This form is updated to reflect the new Canada Recovery Dividend schedules added and the additional tax on banks and life insurers under Line 276, 565 and 725.

S1Auto / S8Class

For the CCA Class 10.1 and Class 54 vehicles acquired on or after January 1, 2023, and the automobile deductible lease costs for new leases entered into on or after January 1, 2023 have increased as follows:

• The limit for Class 10.1 passenger vehicles is increased to $36,000 before tax
• The Class 54 zero-emission vehicles, capital costs are increased to $61,000 before tax
• Deductible leasing costs have increased to $950 a month before tax

S38 - Part VI Tax on Capital of Financial Institutions

This form is updated to allow corporations to apply the Part VI.2 tax credit against Part VI tax, as per ss.190.1(3)(a), which comes from Schedule 67 and Schedule 68.

S67 - Canada Recovery Dividend (New!)

This new form reflects new Part VI.2 tax to the Income Tax Act which imposes a one-time additional tax on the taxable income of certain bank or life insurer group members. Each corporation that was a bank or life insurers group member during its 2021 taxation year is subject to this additional tax. Part VI.2 tax applies to the 2022 and subsequent taxation years. The new tax is computed to be 15% of the corporation’s 2020 and 2021 average taxable income that is in excess of $1 billion deduction, allocated among group members, as per ss.191.5(2).

S68 - Additional Tax on Banks and Life Insurers (New!)

This new form is used by banks and life insurers who are liable to pay the additional 1.5% tax under s.123.6 for the tax years that end after April 7, 2022. For corporations related to another bank or life insurer group member, the first $100 million taxable income is exempted and can be allocated by agreement among group members.

S366 (S5NB) - New Brunswick Corporation Tax Calculation

This form is updated to reflect expansion of small business deduction for tax year starts after April 6th, 2022, which phases out access to the small business income tax rate on a more gradual basis by extending the taxable capital range over which the small business limit is reduced to $50 million from the current $15 million limit. This mirrors the change announced in the 2022 Federal Budget.

S411 (S5SK) - Saskatchewan Corporation Tax Calculation

Lower rate of Saskatchewan income tax is extended at 0% retroactive to July 1, 2022. On July 1, 2023, the rate will be increased to 1%. On July 1, 2024, the rate will return to 2%.

AGRI - T2 AgriStability and AgriInvest

AgriStability forms are updated to support 2022 tax year filings.

T3 Tax Content

T3A - Request for Loss Carryback by a Trust (New!)

For the 2022 fiscal period ending tax year, a request to carry back a current year loss under sections 111 and 41 of the Income Tax Act is available for EFILE using the 2022 T3 module. Complete the form T3A to request a loss carryback. The form will be filed, along with the T3 Trust income Tax and Information return, when you Efile.

January 25, 2023

Tax Content 

• T1 form updates
• T3 form updates
• T3 Slip and NR4 slip xml filing

 Other Product Improvements & Defect Corrections

• Add EFile number automatically in T3 return creation

Detailed tax content release notes

T1 Form Updates

Rep ID on T183 (New!)

Representatives can now use their Rep ID on the T183. 

For 2022 returns and later, Pro Tax will populate the Rep ID for newly created files entered in the Tax Settings. For imported files from ProFile, please enter the Rep ID directly on T183 in the Pro Tax T1 returns. Beginning in February 2023, the inclusion of the Rep ID on T183 is optional for 2022 T1 returns. 

T777 - Statement of Employment Expenses

The form has been updated to include the new Labour Mobility Deduction for an Eligible Tradesperson. To deduct eligible temporary relocation expenses, complete the section for Line 11.

Enter the amount of expenses incurred and the related employment income earned as an eligible tradesperson for each temporary relocation. Additional relocations can be entered on T777Details.

MB479

The following lines have been added on the Form MB479:

Line 61163 - Number of days resident for education property tax credit

The education property tax credit now requires taxpayers to indicate the number of days in the year that they qualified to claim the credit for each address and the net school taxes paid.

Line 61165 and 61167 - Renters tax credit

A new refundable tax credit has been added to replace the renters component of the education property tax credit. The credit is based on the amount of rent paid and the number of months rented during the year.

Total rent assist benefits received Line 61250 has been removed.

T3 Form Updates

Rep ID on T183 (New!)

Representatives can now use their Rep ID on the T183.  

For 2022 returns and later, Pro Tax will populate the Rep ID for newly created files entered in the Tax Settings. The inclusion of the Rep ID on T183 is optional for 2022 T3 returns. For imported files from ProFile, please enter the Rep ID directly on T183 in the Pro Tax T3 returns. 

British Columbia Clean building tax credit (New!)

Trusts resident in B.C., or with income earned in B.C. for income tax purposes can claim the clean building tax credit on line 921 of the T3. You must have a unique certificate number from the B.C. Ministry of Finance for completing qualifying retrofits to eligible commercial and multi-unit residential buildings.

Ontario environmental tax credit (New!)

The Ontario environmental tax credit can be claimed on line 922 of the T3 Trust Income Tax and Information Return.

December 19th, 2022

Tax Content T1

• 2022 T1 form updates
• Retroactive update for Repay worksheet 2020 and 2021

Note: We recommend that discounters in provinces that provide refundable tax credits do not use this release to begin entering data for their clients.

Tax Content T3

• 2022 T3 form updates

Features

• T1 invoicing - Save time when invoicing a T1 client after filing the return. We have extended our integration with QBOA invoicing to the T1 module, which enables you to start a client invoice from a T1 return in Pro Tax, similar to our T2 integration.

Other Product Improvements & Defect Corrections

• Enabled quick mode by default to allow for quicker entry, while saving Wifi data
• Fixed issue with T3 carry forward returns start and end dates

Detailed Tax Content Release Notes:

Tax Content T1

T1 Income Tax and Benefit Return

For tax year 2022, the following lines have been added to the income tax return:

Line 47557 - Air quality improvement tax credit

Climate Action Incentive (CAI) Rural Supplement

A new checkbox has been added on the T1 return for residents of Ontario, Manitoba, Saskatchewan, Alberta, Newfoundland and Nova Scotia to indicate whether a taxpayer resides outside of a Census Metropolitan Area.

British Columbia

For residents of British Columbia, new questions have been added to indicate whether the individual resided on Tsawwassen Lands on December 31, 2022, and whether the individual is a member of the Tsawwassen First Nation.

Ontario

For residents of Ontario, a new question has been added to authorize the CRA to share the individual’s name and email address with the provincial organ and tissue donor registry. The authorization allows the provincial organ and tissue donor registry to contact the individual by email and is valid only for the tax year being filed.

Retroactive changes to Repay worksheet for 2020 and 2021

2020 and 2021 have been updated to reflect retroactive changes to the calculation of the Old Age Security (OAS) clawback for individuals who are also subject to a clawback on the Canada Recovery Benefit (CRB), in accordance with revised online versions of the Federal Worksheet and T4E slips for the 2020 and 2021 tax years.

ON479

The following lines have been added to the Form ON479:

Line 63051 and 63052 - Ontario Staycation Tax Credit

The Ontario Staycation Tax Credit allows residents of Ontario to claim a refundable tax credit of 20% of eligible accommodation expenses incurred in 2022, up to a maximum of $1,000 for an individual, or $2,000 for a family.

Details of the accommodation expenses should be entered on the ONCredits worksheet.

Line 63095 - Ontario Seniors Care At Home Credit

The Ontario Seniors Care at Home Tax Credit is a refundable personal income tax credit on eligible medical expenses for individuals who turned 70 or older in the year, or have a spouse or common-law partner who turned 70 or older in the year, and re a resident of Ontario at the end of the tax year.

The credit is equal to 25% of claimable medical expenses up to $6,000, for a maximum credit of $1,500. This amount is reduced by 5% of family net income over $35,000 and fully phased out at $65,000. The credit can be claimed in addition to the non‐refundable federal and Ontario medical expense tax credits for the same eligible expenses.

NS479 (New form)

The Volunteer firefighters and ground search and rescue tax credit has been moved from NS428 to NS479.

New Line: 62410 - Children’s sports and arts tax credit

The new refundable tax credit allows parents with children under the age of 19 to claim a maximum of $500 per child for expenses paid for eligible artistic, cultural and physical activity programs.

PE428

The volunteer firefighter tax credit has increased from $500 to $1,000.

New Line: 63510 Prince Edward Island volunteer firefighter and volunteer search and rescue tax credit

Individuals who qualify for the federal Volunteer firefighters’ amount at Line 31220 are now able to claim a refundable provincial tax credit of $1,000 on Line 47900.

YT428 First nations income tax credit

Yukon First Nations income tax credit and Business investment tax credit and the carryback to prior years have been moved from Form YT479 to Form YT428.

Tax Content T3

Most-relevant rates published

The most-relevant rates published by CRA are implemented in this release of the T3/TP646 module.

November 22nd, 2022

Features

T2 Notice of Assessment (NOA) download is available (New!)

• Time saving feature that provides access and a download option for CRA notice of assessments, as part of the AFR process without leaving Pro Tax. You can Download the Notice of (re)assessment (NOA) in HTML format for the current year and up to six prior tax years. Only one tax year will be downloaded at a time. Review our support article for more information.

T2 Tax Content Update Summary

• 2020-2023 T2 module is now available for fiscal years ending on or before May 31, 2023
• T2 & AT1 filing are certified for fiscal years ending on or before May 31, 2023
• New T2 schedules added
• S65 - Air Quality Improvement Tax Credit
• S352/S353 - Nova Scotia Financial Institutions Capital Tax/Agreement Among Related Corporations
• S392 - Manitoba Data Processing Investment Tax Credits
• Other T2 form update

Detailed Tax Content T2 Release Notes

T2 and AT1 certifications

• The 2020-2023 T2 module is certified for Federal and Alberta corporate tax returns and allows for the preparation of returns for corporations with fiscal years ending on or before May 31, 2023.
• Capital Dividend Account (CDA) balance section has been updated. The information related to the processing of a T2054 – Election for a Request for Capital Dividend Account under Subsection 83(2), are no longer available for display. 

Federal 

S5 - Tax Calculation Supplementary - Corporations

• The schedule is updated with the following new lines:
• Newfoundland and Labrador:
• Non-refundable green technology tax credit on line 506
• Non-refundable manufacturing and processing investment tax credit on line 508
• Refundable manufacturing and processing investment tax credit on line 523
• Refundable green technology tax credit on line 526
• Nova Scotia financial institutions capital tax on line 222
• British Columbia clean buildings tax credit on line 685

S8 - Capital Cost Allowance

• For eligible persons or partnerships (EPOPs) that are individuals or partnerships, information can be entered directly in Part 1. 

S27 - Calculation of Canadian Manufacturing and Processing Profits Deduction

• Corporations that engage in zero-emission technology manufacturing (ZETM) can complete Parts 14 to 17 to calculate the ZETM deduction from profits.

S31 - Investment Tax Credit - Corporations

• Investment tax credit can no longer be claimed for the following expenditures:
• Qualified resource property expenditures
• Child care space expenditures
• Only the unused credits that have not expired can be carried forward for up to 20 tax years following the tax year in which the expenditures were incurred. 

S65 - Air Quality Improvement Tax Credit (New!)

• This schedule is used for qualifying corporations to claim expenses that improve ventilation and air quality at their locations. Qualifying period starts on September 1, 2021 and ends on December 31, 2022. Qualifying corporations, or affiliated eligible entities (if applicable) can claim up to $10,000 ventilation expense for each location (or $50,000 in total) at a refundable tax credit rate of 25%.

S89 - Request for Capital Dividend Account Balance Verification

The form is updated as follows:

• New table added in Part 2A to calculate CDA components from predecessor corporations
• Capital dividends received from other corporations are entered in Part 4 and capital dividends received from trusts are entered in a newly added Part 5
• New section added in Part 6 for insurance policy details. The information can be entered in T2054 and applies when CDA balance is affected by life insurance proceeds
• Part 7, CDA balance calculations are updated to include the newly added sections 

S352 - Nova Scotia Financial Institutions Capital Tax (New!)

• The financial institutions capital tax is applicable to banks, loans, and trust corporations with a permanent establishment in Nova Scotia. This applies to tax years starting November 1, 2021 and later.

S353 - Nova Scotia Financial Institutions Capital Tax - Agreement Among Related Corporations (New!)

• This is a new schedule used by Nova Scotia financial institutions that are liable to pay for the Nova Scotia financial institutions capital tax to allocate basic capital deduction among the related corporations.

S392 - Manitoba Data Processing Investment Tax Credits (New!)

• This schedule is reinstated in the 2020-2023 T2 module for Manitoba corporations to claim a refundable tax credit for eligible expenditures of data processing building or data processing centre property acquired after April 11, 2017 as a replacement property.

S500 - Ontario Corporation Tax Calculation

• Sections that reference the period before January 1, 2020 have been removed.

T2054 - Election for a Capital Dividend Under Subsection 83(2)

The form is updated as follows:

• Capital dividends received from other corporations are entered in Part 3 and capital dividends received from trusts are entered in a newly added table in Part 4
• New table added in Part 5 to enter capital gains and losses during the year
• New table added in Part 6 to enter shareholder information
• New lines added in Part 7 to enter life insurance policy information; applicable when net life insurance proceeds affect the CDA balance

Alberta

AT1 - Alberta Corporate Income Tax Return

• This form is updated to eliminate the alternative address to coincide with a change in Alberta Finance’s policy where they will no longer update the corporation’s mailing address using the AT1.

AS10 - Alberta Loss Carry-back Application

• This form is updated to remove the address fields in “Application Identification” section to coincide with a change in Alberta Finance’s policy where they will no longer update the corporation’s mailing address using the AT1.

Additional Minor Form Updates

• AS15
• S3
• S53
• S388
• S443 (S5YT)
• T1135
• T2 (S200)

October 5th, 2022

Tax Content

• T1 2022 Module released

Features

• Quickbar: Expanded form search support: You can now search for text within forms using the quickbar,  starting with the T1 2022 module

Other Product Improvements & Defect Corrections

• Fixed issue with T1 Express form generating incorrect warnings 
• Updated refile summary to show 0 instead of “-”

September 21st, 2022

Product improvements and defect corrections

• Fixed issue where additional S8Lease was not being added to the Schedule 8
• T2 module and version is not correct for Tax Year 2015  
• T1 business consent form fields not working (2021) 
• Error opening and carrying forward 2021/2022 T3 return

September 8th, 2022

Defects and product adjustments 

• Corrected - T1 Express some field updates cannot be shown properly 
• Corrected UI Rounding Issue on Filing Page

August 25th, 2022

QBO/QBOA Document send and receive

• QBOA firms and their QBO clients can now send and receive documents to each other with a few clicks. QBO clients can upload their document(s) into the shared folder, and the firm can access them in the return.

QBO/QBOA Document request

• A document request button has also been added to Pro Tax to enable the ability to request documents from QBO clients. The client will receive a notification in QBO and can upload the document(s) into the shared folder which can then be accessed in the return.

August 11th, 2022

Preparer settings for T2 Business Consent

• Preparers no longer need to fill in information manually on the T2 Business Consent form. They will be populated from the Tax Settings when creating new returns.

June 22, 2022

Tax Content Updates - T2

• 2022 T2 module is now available supporting tax years ending on or before October 31, 2022
• T2 Internet filing is certified for federal corporate tax returns with new supported tax periods
• AT1 Internet filing is certified for Alberta corporate tax returns with new supported tax periods
• Immediate expensing for eligible property is now included in CCA deduction on S8 and AS13
• New schedules S59, S63, S351 are available in T2 module

Product adjustments for known issues

• Enabled IDPS re-encryption for accounting settings service 
• Client letter template service 
• “DO NOT SUBMIT” footer is now removed for certain forms allowing paper filing
• Display issue for pro tax module
• Fixed issue with copies 2, 3 and 4 of T3 and NR4 slips printing with no numbers

June 8, 2022

QBOA Client Letters

• QBOA Client letters feature is out of beta. We have made several improvements to our Client Letters feature to deliver on feedback received. Several fixes to the interface have been added along with some new features including additional font types and sizes, the ability to insert and edit tables, and updates to the company logo and headers

Calculator column for pension splitting

• A calculator column has been added to the pension splitting feature to allow customers to calculate their own split and compare against zero transfer and the suggested split amounts.

Product adjustments for known issues

• Corrected issue with live audit that triggered error when viewing a letter 
• Addressed and corrected SSDLC warnings

April 14, 2022

Letters enhancements

• Updates to letters include the ability to add custom tables to client letters and a pink dot indicator to easily see new letters

Product Adjustments for know issues

• Fixed issue with pension splitting graph
• Fixed issue with T3 slips EFILE 

March 30, 2022

Tax Content Updates - T1

• Certified T1 multiple jurisdictional returns EFILE

Tax Content Updates - T2

• Enhancement in printing for S1, S100, and S125

Tax Content Updates - T3

• 2022 rates update

Pension Splitting Optimization

No more having to calculate the best scenarios in excel or a calculator to maximize coupled returns with an optimized pension split. Pro Tax will provide a suggested split for couples with pension income, and allow you to optimize their returns with a few clicks.

T1 and T3 document attach

• You can now attach documents to T1 & T3 returns
• Now you can upload and access documents directly in our T1 & T3 Pro Tax modules. 

Defects / Product Adjustments 

• Fixed issue with unlink pop-up not showing on marital status change 
• Fixed issue with self-employed returns auto-fill from settings
• Fixed issues in Client Letter Template widget
• Fixed minor issues in Family Linking



March 17, 2022

Tax Content Updates

• Various T1 and T3 Form Updates

T1 Family Returns - Part two

• Part two of T1 family returns will provide print options for the linked returns, as well as a T1 summary view for the family.

Client Letters Improvements

• Ongoing Improvements & bug fixes for our client letters feature

Fixes for known issues  

• Fixed various issues with Family Returns 
• Fixed issue with hover header for letters editor

March 3, 2022

Form updates

• Personal Tax (T1) / TP1
• GST/HST credit and Canada Child Benefit (CCB) provincial rates update
• T1 forms updates
• T3
• T3 forms updates

New features

• Quick Mode
• Quick Mode speeds up completing returns by reducing bandwidth usage for quicker processing
•  Preparer Settings
• Reduced manual entry as customers can now enter a representative ID and group ID that will be automatically added to their authorize a rep form, as well as a discounter ID used to complete the RC17 form.

• Fixes for known issues  
• Fixed issue with some missing field on T2 T183 form - QBTX-6010
• Fixed padding on variables in letters editor- QBTX-5697
• Fixed issue for variable dropping in letters editor - QBTX-5709
• Fixed issue with watermarks in T3 PDFs - QBTX-5998
• Improved look & feel of letters hover bar - QBTX-5693 & QBTX-5696



February 17, 2022

T3 EFILE

• Starting this calendar year, the Canada Revenue Agency (CRA) has declared that all T3 returns will need to be done through E-file, replacing XML transfer. Pro Tax will support electronic filing for T3 returns on EFILE open day, February 21st, 2022.

T1 Family Return & Dependent Linking

• Save time and reduce manual data entry linking a spouse or dependent, making it easier to optimize tax returns for the whole family. 

T2 T1134 FRRMS EFILE

• A quick follow up to our previous release, we have added support for T2 - T1134 EFILE’s to round out the Foreign Revenue Reporting Management System (FRRMS) experience. 

Live Audit and Easy Override

• Now you can review and make updates in real time making the audit process quicke. An additional component of this feature is Easy override. With one click, you can now delete an override and restore the data field back to default.

Income Tax Tab

• Finding Pro Tax has never been easier with an update to the Books to Tax menu. Books Review, Workpapers and Income tax can now be found under the Books to Tax menu in your client’s account.

Fixes for known issues  

• Fixed issue with audit messages being shown for T106, T1134, & T1135
• Improved consistency across Pro Tax for displaying client names
• Fixed issue with a section on T1135 Form

February 3, 2022

Release Highlights

• T2 FRRMS (Foreign Reporting Requirements Management System) now live!

• This release includes support for Foreign Reporting Requirements Management System for T1135 and T106 returns.

• Support for T1134 coming soon on Feb 16

• This is a mandatory CRA requirement for TY21

Document Attachment

• This feature lets users attach docs to their tax return and make notes on those docs

Content Update

• T1 Form updates

• T2 Form updates

• T3 Form updates

Fixes for known issues

• Resolved issue with trial notification that was changing from previous data to current data after creating a return

• Resolved issue with Authorize a Rep confirmation number not saving

• Updated text for T1 ENOA to Express Notice of Assessment

January 20, 2022

RTB/Content Update

• T1 Module: T1 2021 Forms and PDF updates

• T3 Module: Initial T3 2021 Form updates

• Enabling import for ProFile T3 2021 returns