What is TaxTron?
Who Uses TaxTron? Designed for businesses and individuals operating in Canada, it is an on-premise solution that allows users to manage taxation workflows related to T2 Corporation Income Tax Return.
How do I file a T2 TaxTron?
Basic Workflow
- Enter the appropriate information regarding your corporation in the Identification window.
- Enter appropriate information in the "GIFI" forms, E.g. G100, G125, G140. ...
- Fill out the form named "S50 Shareholders".
- Fill out the required information on page 3 and page 8 of the form named "T2 Income tax return".
How do I file a T2 return for free?
Download TaxTron T2 for Windows
- The software can be downloaded for free and you can file your corporate return for free if you have a Net Loss for income tax purposes (T2 General page 3, line 300). ...
- You can prepare T2 returns with year ends beginning and ending between January 1, 2019 and May 31st, 2022.
How do I file nil T2 return in Canada?
The best way to file a nil tax return in Canada is to work with a corporate tax accountant. They can ensure that your T2 nil return is filed correctly with all relevant information and on time. In many situations, a corporation that needs to file a T2 nil return can do so using the T2 short form.