When you check the box to apply the 2/3 capital gains inclusion rate on the TaxConstants worksheet, TaxCycle should include the adjustments under ITA 89(1.3)(a) or (b) in the Capital Dividend Account (CDA) calculation. Read the CDA and the Capital Gains Inclusion Rate help topic to learn more.
Currently, TaxCycle T2 does not account for these adjustment amounts in the Part 2B table on the S89.
Override the amount in column 2 of the Part 2B table on the S89 with the amount calculated from the CDA Current Year or CDA Prior Year worksheet.
We will resolve this issue in the next TaxCycle update.
