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What's New in ProFile for Release 2018.2.0

ModuleContent
IntroductionDownload the latest release of the ProFile, version 2018.2.0.

T1/TP1 highlights include:
 
  • first version paper filing release of ProFile for T1/TP1 2018
  • batch carry forward now available
T3/TP-646 highlights include:
 
  • paper certified T3 federal income tax return
  • paper certified T3/TP646: Paper certified T3 slip and T3 summary
T2 highlights include:
 
  • Cantax 2018 competitor carry forward
  • Taxprep 2018 competitor carry forward
FX/Q include:
 
  • new RL slips filing service
  • updated and certified slips

About ProFile

To update ProFile, select the “Check for Updates” option from the “Online” drop-down menu in the top toolbar.

For a list of issues fixed in the current and recent releases, see “What was fixed in recent ProFile releases”.

For question, please call ProFile support at 1-800-452-9970 or visit www.profile.intuit.ca

T1/TP1New Forms

Dependant Worksheet – Caregiver Amount allocation


A new section is added under the “Caregiver” section of the worksheet. With this new section, users can view the total federal and provincial Caregiver amounts available for each dependant and allocate the percentage to be claimed on the taxpayer’s and the spouse’s returns.

ProFile defaults to claim 100% of the federal and provincial credit on the spouse who has the higher taxable income. To change the allocation, override the percentage claim to the desired amount.

Schedule 14 - Climate Action Incentive

The Climate Action Incentive (CAI) is introduced for the 2018 and subsequent tax years to return the proceeds expected from the federal pollution pricing system to residents of the provinces from which proceeds are generated. This federal payment is available only to residents in New Brunswick, Ontario, Manitoba, and Saskatchewan on December 31 of the year, these being the jurisdictions where the federal pollution pricing system is being imposed.

ProFile will calculate the amount of CAI for eligible individuals and their spouse provided that they meet the basic conditions, and who are confirmed at the onscreen checkboxes as meeting the rest of the of the conditions to qualify for the credit. The CAI may be claimed by either spouse for the family, but cannot be claimed on both returns. Indicate which return you wish to claim the CAI at the onscreen checkbox.

The amounts for eligible dependants will calculate provided that the dependant meets the basic conditions, and are confirmed on the Dependant worksheet as meeting all of the conditions to qualify for the credit. On the Dependant worksheet, also indicate whether the dependant is claiming the CAI on their own return (for linked returns, this will change automatically). If the CAI is claimed on the dependant’s return, the individual will not be able to claim the amount for the dependant.

The CAI will include a supplementary amount for people who live in rural areas, in recognition of their increased energy needs and reduced access to energy-efficient transportation options. Rural areas will be defined as anywhere within the province that is “outside of a census metropolitan area (CMA), as defined by Statistics Canada. To claim the supplement, answer “Yes” at Line 6014.

The following fields are on the new Schedule 14:
 
  • 6010 Climate action incentive – Base amount
  • 6011 Climate action incentive – Amount for an eligible spouse or common-law partner
  • 6012 Climate action incentive – Amount for a single parent’s qualified dependant
  • 6013 Climate action incentive – Number of qualified dependants
  • 6014 Climate action incentive – Do you reside outside of a census metropolitan area on December 31 of the current tax year, as defined by Statistics Canada?
Removed Forms

The eligible capital property - T2125CEC, ResourceCEC, T1163-T1273CEC, T2042CEC, T2121CEC
 
  • the eligible capital property regime was repealed effective January 1, 2017; for tax years 2018 and subsequent, CEC can no longer be used
  • the following forms are removed: T2125CEC, ResourceCEC, T1163-T1273CEC, T2042CEC and T2121CEC
T1005 : Tuition fee income tax rebate
 
  • the MB tuition fee income tax rebate and the rebate advance have been fully eliminated; no rebate will be claimable. Any unused rebate will lapse.
  • Form T1005 has been deleted
T4164 - Odour-control tax credit
 
  • the MB odour-control tax credit has been eliminated. Any unused amount can continue to be claimed as a carryforward at field 6134.
  • Form T4164 has been deleted
Updated Forms

T1 Jacket: Employee home relocation loans deduction
 
  • the employee home relocation loans deduction has been eliminated
  • the following field has been deleted: 248 Employee home relocation loans deduction
T1 Jacket: Climate action incentive
 
  • the CAI is claimed at field 449 on page 4 of the tax return and is calculated on the new Schedule 14, Climate Action Incentive
  • the refundable credit is available for residents in Ontario, New Brunswick, Manitoba, and Saskatchewan
  • the following field has been added to the tax return: 449 Climate action incentive
T1 Jacket: Tax preparer code
 
  • Field 490 on page 4 will be used to indicate where a return was completed by a tax professional and if a fee was charged
Schedule 1: Line 364 – Public transit amount
 
  • the public transit amount has been eliminated
  • the following field has been deleted: 364 Public transit amount
Schedule 3, Capital Gains (or Losses)
 
  • the eligible capital property regime was repealed effective January 1, 2017. For tax years 2018 and subsequent, field 173 will be removed from Schedule 3 and all other related capital gains forms will remove the reference to field 173.
  • the following field has been deleted: 173 Farming and fishing income eligible for the capital gains deduction from the disposition of eligible capital property
Schedule 9, Donations and Gifts
 
  • the first-time donor’s super credit has been eliminated
  • the following field has been deleted: 343 Amount of gifts of money made after March 20, 2013
Form T1032, Joint Election to Split Pension Income
 
  • for the 2018 and later tax years a new box 128 will be added to the T4A slip to report certain pension payments made to veterans aged 65 or older. The amount in box 128 is included in existing box 016 of the T4A slip and it identifies the veteran’s benefits that are eligible for pension income splitting but subject to the same money purchase limitation as RCA payments. A new field will be added to the Form T1032 to calculate the maximum split-pension amount.
  • the following field has been added: 6807 Veteran’s benefits on T4A slips eligible for pension income splitting
NS428 and NSCredits – Nova Scotia
 
  • for the 2018 and subsequent years, Nova Scotia has added an income-tested supplement amount to the basic personal amount, the age amount, the spouse or common-law partner amount, and the amount for an eligible dependant
  • the supplement amount is in addition to the base amount calculated and is included in the total at fields 5804, 5808, 5812, and 5816 on the Form NS428, and at field 5902 on the Schedule NS(S2), as applicable
  • the supplement amount is calculated based on the individual’s taxable income for the entire year. For pre-bankruptcy returns, always provide the taxpayer’s taxable income from the post-bankruptcy period at new field 5461.
  • the following supporting field has been added: 5461 Taxable income from the post-bankruptcy period
  • the following supporting field has been added: 5461 is added in the T1EFILE worksheet
ONS11 and ON(S2)  – Tuition fees tax credit and education amount
 
  • the tuition amount was only allowable for eligible tuition fees paid in respect of enrolment before September 5, 2017. As a result, the tuition and education amounts, as well as tuition and education amounts transferred from a child, or from a spouse or common-law partner, are no longer allowed.
  • the following fields on the Schedule ON(S11) have been deleted:
    • 5914 Eligible tuition fees paid for studies before September 5, 2017
    • 5916 Part-time education amount for months of study before September 2017
    • 5918 Full-time education amount for months of study before September 2017
    • 5920 Provincial amount transferred
  • the following field on the Form ON428 has been deleted: 5860 Tuition and education amounts transferred from a child
  • the following field on the Schedule ON(S2) has been deleted: 5909 Tuition and education amounts designated as transferred by your spouse or common-law partner
MB428 and MB479 – Manitoba tuition fee income tax rebate
 
  • the MB tuition fee income tax rebate and the rebate advance have been fully eliminated. No rebate will be claimable. Any unused rebate will lapse.
  • the following fields on the Form MB428 have been deleted:
    • 6086 Manitoba tuition fee income tax rebate claimed
    • 6084 Last 2 digits of the year graduated
    • 6088 Graduated from an institution outside of Manitoba
    • 6087 Eligible tuition fees
  • the following field on the Form MB479 has been deleted: 6145 Eligible tuition fees
MB479 – Odour-control tax credit
 
  • the MB odour-control tax credit has been eliminated. Any unused amount can continue to be claimed as a carryforward at field 6134.
  • the following supporting field on the Form T4164 has been deleted: 6132 Eligible expenditures
MB479 – Nutrient management tax credit
 
  • the MB nutrient management tax credit has been eliminated
  • the following field on the Form MB479 has been deleted: 6136 Eligible nutrient management equipment expenditures
SK(S11) , SK(S2) and SK428 – Tuition fees tax credit and education amount
 
  • the tuition amount was only allowable for eligible tuition fees paid for the period of January 1 to June 30, 2017. As a result, the tuition and education amounts, as well as tuition and education amounts transferred from a child, or from a spouse or common-law partner, are no longer allowed.
The following fields on the Schedule SK(S11) have been deleted:
 
  • 5914 Eligible tuition fees paid for the period of January 1 to June 30, 2017
  • 5916 Part-time education amount for the period of January 1 to June 30, 2017
  • 5918 Full-time education amount for the period of January 1 to June 30, 2017
  • 5920 Provincial amount transferred
  • the following field on the Form SK428 has been deleted: 5860 Tuition and education amounts transferred from a child
  • the following field on the Schedule SK(S2) has been deleted: 5909 Tuition and education amounts designated as transferred by your spouse or common-law partner
AB428 – Political contributions
 
  • political contributions to the Senatorial Selection Campaign have been eliminated
  • the following field on the Form AB428 has been deleted: 6004 Political contributions made in the current tax year
BC428 – Children’s fitness, Children’s fitness equipment, Children’s arts, and Education coaching amount
 
  • children’s fitness, Children’s fitness equipment, Children’s arts, and Education coaching non-refundable tax credits have been eliminated
  • the following fields on the Form BC428 for British Columbia have been deleted:
    • 5838 Children’s fitness amount
    • 5842 Children’s fitness equipment amount
    • 5841 Children’s arts amount
    • 5843 Education coaching amount
BC428 – BC caregiver amount
 
  • the BC caregiver amount has replaced the amount for infirm dependant age 18 or older and the caregiver amount
  • the following fields on the Form BC428 have been deleted: 5820 Amount for infirm dependants age 18 or older and 5840 Caregiver amount
  • the following field has been added on the Form BC428 for British Columbia: 5817 British Columbia caregiver amount
YT428 – Public transit amount
 
  • the public transit amount has been eliminated
  • the following field on the Form YT428 for Yukon has been deleted: 5835 Public transit amount
T2Carry forward from 2018 Cantax
 
  • carry forward files from  Cantax 18.2.307.126
Carry forward from 2018 Taxprep
 
  • carry forward files from Taxprep 2018 v2.0
T3/TP646Most-relevant rates published

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

Minor updates
 
  • S1
  • S10
  • S11
  • S11A
  • S12
  • S1A
  • S2
  • S3
  • S4
  • S7
  • S8
  • S9
 
  • AB
  • BC
  • MB
  • NB
  • NL
  • NS
  • NT
  • NU
  • ON
  • PE
  • SK
  • YT
FX/QNew RL Slips Filing Service
 
  • the new web service for slip filing for Revenue Quebec eliminates the need to attach an .xml file into the RQ website
RQ Slips

RL Slips .xml certification

 
  • RL-1
  • RL-2
  • RL-3
  • RL-8
  • RL-15
  • RL-24
  • RL-25
  • RL-30
  • RL-31
RL Slips paper certification
 
  • RL-1
  • RL-2
  • RL-3
  • RL-15
  • RL-25 
RL Slips updated
 
  • RL-1
  • RL-2
  • RL-3
  • RL-15
  • RL-25
MR-69
 
  • certified 
Federal Slips updated
 
  • T4Sum
  • T4Slip
  • NR4 Slip and Summary
  • T4A NR Slip
  • T2202A Slip
  • T4A Slip
  • T5018 Slip
  • T5008 Summary
  • RC18
  • T5008 Summary
Federal Forms updated  
 
  • T3RI Form
  • T3D Form
  • RC59 Form
  • GST66 Form
  • T101A Form
  • T2000 Form
  • GST 507 Form
  • RC1 Form
  • T2054 Form
  • GST524 Form
  • T3012a Form
  • GST190WS Form
  • GST60 Form
  • T661
Blocked filing
 
  • T5013 filing is blocked from filing, will available in future release
Coming SoonComing soon...
 
  • 2018 Federal Fall Economic Statement relating to accelerated Capital Cost Allowance (CCA), for T1, T2, and T3 modules
  • T1 condensed and barcode

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