Shorten Tax Years for Corporations.

Just Trying to figure out how to make my T2 eligible for efile.  I have a new corporate client that started on May 5th 2014 and would like to have their year end Dec. 31.  However Profile isn't allowing me to do so...  
This is my first Corporate return I get to start from the beginning, So I have never had a problem with the Incorporation date and the Tax year date before.

I hope this is clear enough for someone to help me.

Thank you.

Answer

2 people found this helpful

Hello,

To put in a short-year end for the corporation, you will have to override on the Info form for the corporation in the Year-end field. After you have changed the year-end just do a sign-off on that field. (See attached image).

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Hiraa | Technical Support and Services, Intuit ProFile Canada

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