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Level 1
February 16, 2023
Question

T2 Schedule 68 tax included in Part I tax

  • February 16, 2023
  • 2 replies
  • 9 views

Just updated Profile today but client's Part I tax included tax from Schedule 68 (Additional Tax on Banks and Life Insurers).  Client is not a bank nor life insurer.    Has anyone else have the same problem?

This topic has been closed for replies.

2 replies

Level 2
February 16, 2023

Yes I did and called support - not sure how to fix this other than override.  I posted another question re this same thing.

Level 8
February 16, 2023

Hi,

This is being investigated as to the cause and an update fix. At this time override line 300 of schedule 68 as a workaround. 

I apologize for the inconvenience

Level 8
February 18, 2023

Hi,

There is an update to ProFile 2022.3 available. Please update ProFile. There is no longer a need to use a workaround.


I apologize for the inconvenience