Getting Started
TaxTron has been designed, by Canadians
for Canadians, to allow the user to prepare their personal Canadian tax
returns quickly and easily. Able to handle returns from simple to complex,
Federal, Quebec and Alberta returns, electronic filing or the traditional
printing and mailing of your return, the program has been engineered to
maximize your refund, getting you the best refund you deserve.
Licensing
and Activation
Professional users must purchase
a license prior to obtaining the software. Upon attempting to print or
NETFILE the first return for your clients, you will be prompted to activate
the software using your license number. This license number is linked
to your EFILE number, and different EFILE numbers require corresponding
unique license numbers.
For the personal user, TaxTron
is free
to download and prepare your returns. However, you must purchase a license
in order to print or NETFILE
a return, unless your total income is $31,000 or less or you are a full-time
student for at least 4 months as noted on your T2202A tuition form. If
the software has not been activated and a license is required, it will
automatically ask for the license information when attempting to print
or NETFILE
a return.
Note:
Under CRA guidelines, there is a limit of 20 returns per machine that
can be filed by individuals, either by print or electronically, regardless
of the number of returns prepared. Professional users are registered with
CRA and not subject to these limits.
To review your license
usage in TaxTron for Windows®,
go to the Tools menu and select License Usage. Note that professional
users have no limit on usage so this option does not appear in the Professional
software.

Help
and Support
Our TaxTron support staff are ready
to assist you. Should you have questions or require assistance, you can
contact us by several methods:
E-Mail
Phone
What's
New in TaxTron
Universal
child care benefit (UCCB)
- The UCCB has increased to $160 per month for each qualified dependant
under 6 years of age and there is a new benefit of $60 per month for
each qualifies dependent aged 6 through 17.
Child
care expenses (line 214)
- The maximum limit per child has increased by $1,000. See Form T778,
Child Care Expenses Deduction for 2015.
Family caregiver amount for children under
18 years of age (line 367)
– The amount for children under 18 years of age has been eliminated
and replaced by the enhanced universal child care benefit. Line 367
is now used for the family caregiver amount for children under 18
years of age.
Family
tax cut (line 423)
– For 2014 and later years, the calculation for the family tax cut
has been revised to allow unused tuition, education, and textbook
amounts transferred from a spouse or common-law partner. See line
15 of Schedule 1-A, Family Tax Cut.
Children’s
fitness tax credit (lines 458 and 459) – The children’s fitness tax credit is
now a refundable credit.
Other
deductions (line 232) – The minimum amount that must be withdrawn
each year from a registered retirement income fund (RRIF), variable
benefit money purchase registered pension plan (RPP), and pooled registered
pension plan (PRPP) has been reduced. If you have withdrawn more than
the reduced 2015 minimum amount, all or part of the excess may be
eligible to be re-contributed to a RRIF, RPP, account under a PRPP,
or to buy a qualifying annuity and deducted on line 232.
Capital
gains deduction (line 254) – The lifetime capital gains exemption
for dispositions of qualified farm or fishing property made after
April 20, 2015 has increased to $1,000,000, resulting in a capital
gains deduction limit of $500,000. See Guide T4037, Capital Gains.
Interest
paid on your student loans (line 319) – Interest paid on a Canada Apprentice
Loan amount for registered Red Seal apprentices can be claimed on
this line.
Investment
tax credit (line 412) – Eligibility for the mineral exploration
tax credit has been extended to flow-through share agreements entered
into before April 2016.
Form
T1135, Foreign Income Verification Statement – This form has changed to introduce a
simplified reporting method for individuals who own specified foreign
property with a total cost of less than $250,000 throughout the year.
See Form T1135.
Tax-free
savings account (TFSA) – The TFSA annual contribution limit has
increased to $10,000.
Other
changes : Repeated failure to report income penalty – We may now charge you this penalty only
if the amount of income you failed to report on your return was $500
or more. The calculation of the penalty has changed.
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