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TaxCycle 14.0.55231.0—Revisions Made to T2 Schedule 6

This TaxCycle release removes lines previously added to the T2 Schedule 6.

To install this version immediately, download the full installer from our website or request a free trial.

Revisions Made to T2 Schedule 6

As requested by the Canada Revenue Agency (CRA), we have removed the new lines (numbered or unnumbered) that were added to Schedule 6 in the last major T2 update published in December 2024. ‌The CRA requested that Schedule 6 be updated only after the final approved version is issued and after it permits all software providers to update this schedule. As a result, we removed all the newly added lines from this schedule.

To continue applying the 2/3 capital gains inclusion rate, we have further revised Schedule 6 based on the year 2001 version of the form, which at the time, included three different capital gains inclusion rates.

We will provide an updated version of the TaxCycle T2 module with the revised Schedule 6 as soon as we receive permission from the CRA.