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Software Tips

1. Run as Administrator and deal with anti-virus and security programs

If FutureTax didn't work or didn't work suddenly, such as can't save return file, the software is not running properly, etc, right-click on the FutureTax icon and select "Run as Administrator". If the problem is still there, disable anti-virus and/or security programs running on your PC or add FutureTax as an exception on your anti-virus and/or security programs.

2. Prompts errors when printing

Reinstall the software and try again.

3. Net income/loss (3680) on Schedule 101(S101)

Code 3680 can claimed on Schedule 100(S100) only, and it should be zero on S101 because S101 is for first year filing of the corporation.

4. Tax Return File Location

If you save your tax return, the location of your tax return will be shown at the top blue caption bar of the software as follows. The default folder is "My Documents\FutureTax" on your hard drive. Please note that the return file will be saved on your hard drives of your computer, we don't have a copy even though you submit it. So back up your files when possible.

Tax Return Location

5. How could I know my tax Return received by CRA?

When your tax return is being submitted to CRA successfully, at the final screen, there is a confirmation number shown in the text box. The confirmation number is returned by CRA for confirming the transmission. You can also find it at the Summary page or the menu: Tools > Submission Summary. If you have any questions about the transmission, please ask CRA help desk with the confirmation number.

6. I have T5008 under the Corporation name (Box 13, 14, 15, 16, 17, 20 & 21) so how to file it in the T2 tax?

You should use Part 1 of Schedule 6 to report the sale of securities.