We have been notified of an issue with the CRA which affected residents of British Columbia that were claiming the dividend tax credit for 2018. The error resulted in T1 returns with income over $150,000 not being able to claim the dividend tax credit. Alternative minimum tax, minimum tax carryover, and tax on split income calculations were also affected as a result of the same issue.

As of April 2nd, 2019, the issue has been corrected and taxpayers that were affected by the issue will be contacted by the CRA in order to have their T1 return reassessed. If you require any further information regarding whether your return was affected by the issue you can contact the CRA by calling 1-800-267-6999.

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