Troubleshooting Memo T22019-001 – Corporate Taxpayer Summary, Five-year Comparative Summary and Tax Scenarios Worksheet – The dividend refund amount does not display for a taxation year starting before 2019

  • Article Type: Problem Resolution
  • Last Modified: 2019-06-11

Symptoms

The program does not display the amount of dividend refund in Forms Corporate Taxpayer Summary, Five-year Comparative Summary and Tax Scenarios Worksheet when the taxation year starts before 2019. 

Environment

Corporate Taxprep Classic 2019 v.1.0
CCH iFirm Tax T2 2019 v.1.0

Cause

The amount in field Dividend refund - Non-eligible dividends in Forms Corporate Taxpayer Summary, Five-year Comparative Summary and Tax Scenarios Worksheet is equal to the amount on line FF of Schedule 200, T2 Corporation Income Tax return. However, the amount on this line is calculated only if the taxation year starts after 2018. 

Resolution

Enter the amount from line U, Dividend refund, on line FF of the T2 Return using an override. The amount in field Dividend refund - Non-eligible dividends in Forms Corporate Taxpayer Summary, Five-year Comparative Summary and Tax Scenarios Worksheet will then display correctly. 

Schedule 200 – Corporate Taxprep Classic
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Schedule 200 – CCH iFirm Tax T2

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Corporate Taxpayer Summary – Corporate Taxprep Classic

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Corporate Taxpayer Summary – CCH iFirm Tax T2

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Five-Year Comparative Summary – Corporate Taxprep Classic

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Five-Year Comparative Summary – CCH iFirm Tax T2

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Tax Scenarios Worksheet – Corporate Taxprep Classic

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Tax Scenarios Worksheet – CCH iFirm Tax T2

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Additional Information

Note: You can use the client filter and diagnostic template provided to identify the Corporate Taxprep Classic 2019 v.1.0 files affected by this problem. To learn how to install this template, consult the following article: How to install the client filter and diagnostic template.

While the amount entered on line FF prints on the T2 Return, it has no impact on the return calculation when the taxation year starts before 2019. It is neither electronically transmitted nor included in the bar code.

This display problem of the dividend refund amount will be corrected in Corporate Taxprep Classic 2019 v.1.1 as well as in CCH iFirm Tax T2 2019 v.1.1.
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 Solution Id Troubleshooting-Memo-T22019-001-Corporate-Taxpayer-Summary-Five-year-Comparative-Summary-and-Tax-Scenarios-Worksheet-The-dividend-refund-amount-does-not-display-for-a-taxation-year-starting-before-2019
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