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In development · target launch November–December 2026

T2 · CO-17

A structured corporate tax file, from trial balance to supported return figures.

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Workbook · .xlsx · Macro-free

Samples

Extracts from a fictional scenario, with the worksheet layout and figures preserved.

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PDF · fictional data · 0.2 MB

Setup: Engagement inputs, fictional T2 workbook example
Engagement inputsActual extract from the workbook. Select to enlarge.
SCH 1: Book-to-tax reconciliation, fictional T2 workbook example
Book-to-tax reconciliationActual extract from the workbook. Select to enlarge.
SCH 130: EIFEL supporting calculation, fictional T2 workbook example
EIFEL supporting calculationActual extract from the workbook. Select to enlarge.
Dashboard: Summary and review controls, fictional T2 workbook example
Summary and review controlsActual extract from the workbook. Select to enlarge.
Open the illustrative calculation table

Illustrative preview

Follow the calculation and its references.

Preview figures are illustrative and do not recalculate. The sample gallery shows the actual workbook.

See actual workbook extracts →

Illustrative preview · T2Illustrative figuresv1.0 · 2025
Preparer inputCalculationFrom another tabSchedule 1 — book-to-tax reconciliation
RowReconciling itemAmountT2 line
4Net income (loss) after taxes — per GIFI3,412,880L9999
5Add
6Provision for income taxes — current1,206,000L101
7Amortization of tangible assets742,800L104
8Non-deductible meals and entertainment — 50%44,206L121
9Non-deductible club dues14,900L607
10Non-deductible reserves — warranty96,000L414
11Total additions2,103,906L500
12Deduct
13Capital cost allowance — from Sch 8(1,038,600)L403
14Taxable portion of capital gain reversal(15,770)L401
15Total deductions(1,054,370)L510
16Net income (loss) for income tax purposes4,462,416L300
OKLine 300 agrees to T2 page 3 line 300. Sch 8 and Sch 4 feeders tie.

Schedule 1 — book-to-tax reconciliation

Workflow & instructions
  1. 01

    Set up the engagement

    Start on Index, follow the 20-step Workflow and complete the corporation and applicability questions on Setup. The answers identify relevant schedules.

    Index · Workflow · Setup

  2. 02

    Bring in the source information

    Map the trial balance through TB and GL Map. Where a prior Taxprep file is available, follow the PY Extraction instructions to populate comparatives.

    TB · GL Map · PY Extraction

  3. 03

    Support the tax calculations

    Complete the relevant yellow input cells. Review the Schedule 1 reconciliation, capital cost allowance, loss continuity and Schedule 130 calculations against the supporting records.

    SCH 1 · SCH 8 · SCH 4 · SCH 130

  4. 04

    Resolve the review points

    Use Dashboard to locate outstanding controls. Record explanations and supporting references in Supporting Notes; a cleared arithmetic check does not decide a tax position.

    Dashboard · Supporting Notes

  5. 05

    Transfer and finish the file

    Review the populated codes in Import Map, then use the Import sheet through the documented tax-software procedure. Reconcile the return and complete the Workflow review steps.

    Import Map · Import · Workflow

Read the import and export instructions →

Coverage and exclusions

The inventory below describes the T2-GEN demonstration file. T2-CCPC is a separate variant. Variant suitability and the contents of an eventual purchase should be confirmed before ordering.

Engagement and review 7 tabs
  • Index
  • Workflow
  • Dashboard
  • Setup
  • Supporting Notes
  • PY Extraction
  • Carryforwards
Trial balance and GIFI 5 tabs
  • TB
  • GL Map
  • SCH 125
  • SCH 100
  • SCH 141
Income and supporting calculations 10 tabs
  • SCH 1
  • SCH 8
  • SCH 6
  • SCH 13
  • SCH 13S
  • SCH 2
  • SCH 130
  • Received Slips
  • SCH 3
  • SCH 4
Federal return and schedules 10 tabs
  • T2 Return
  • SCH 5
  • SCH 33
  • SCH 43
  • SCH 55
  • SCH 9
  • SCH 11
  • SCH 50
  • SCH 88
  • SCH 54
Provincial schedules 15 tabs
  • SCH 500
  • SCH 510
  • SCH 511
  • SCH 508
  • SCH 566
  • CO-17
  • CO-17.A.1
  • CO-771
  • CO-130.A
  • CO-17 Credits
  • AT1
  • AT1 S2
  • AT1 S12
  • AT1 S21
  • AT1 S29
Specialist support and transfer 8 tabs
  • Thin Cap
  • T106
  • Part XIII
  • Transfer Pricing
  • Tax Provision
  • Import
  • Taxprep Import
  • Import Map
Federal & Québec notes

CO-17 and supporting Québec worksheets sit beside the federal calculations. Review the Québec-specific inputs and adjustments separately; a federal result is not automatically the Québec result.

Edition & updates

T2 · v1.0 · 2025

The examples correspond to the demonstration files identified below. Launch is targeted for November–December 2026.

  • TaxWorkbooks_T2-GEN_v1.0_2025_SAMPLE.xlsx
  • TaxWorkbooks_T2-CCPC_v1.0_2025_SAMPLE.xlsx

Published changes will be identified with the affected edition. Automated checks do not replace professional review.

Price and licence

A perpetual licence for the purchased edition, within its scope. A new tax year is a separate edition.

Read the full licence · Terms of sale

Practical questions

Does the workbook file the return?

No. The calculations support preparation; filing takes place through the appropriate process and software.

Are the formulas protected?

Sheets are supplied without active protection. Cell lock flags allow protection to be enabled when needed.

Does the workbook send data to a service?

The .xlsx file runs locally, without macros or external workbook links. No telemetry service is built into the workbook.

Which updates are included?

Minor corrections to the purchased edition are included under the terms of sale. A new tax year is a separate edition.

Workbook extract