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SW CPA
Level 1

T2 Schedule 68 tax included in Part I tax

Just updated Profile today but client's Part I tax included tax from Schedule 68 (Additional Tax on Banks and Life Insurers).  Client is not a bank nor life insurer.    Has anyone else have the same problem?

3 Comments 3
S-I-G
Level 1

T2 Schedule 68 tax included in Part I tax

Yes I did and called support - not sure how to fix this other than override.  I posted another question re this same thing.

ProFile Duncan
ProFile Team

T2 Schedule 68 tax included in Part I tax

Hi,

This is being investigated as to the cause and an update fix. At this time override line 300 of schedule 68 as a workaround. 

I apologize for the inconvenience

Pro4
Level 1

T2 Schedule 68 tax included in Part I tax

Hi,

There is an update to ProFile 2022.3 available. Please update ProFile. There is no longer a need to use a workaround.


I apologize for the inconvenience