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Pre 2016 T3 Returns


#1

I am preparing some T3’s for a person who passed away in 2013. I am preparing a Dec 31/13 T3 for this estate. The appropriate code in the info section would appear to be 900 “Testamentary - Other”. It is before 2016 so it can’t be a graduated rate estate (“GRE”). However, if I choose 900, the tax is calculated at the highest tax rate. That rule shouldn’t be applicable to testamentary trusts with year-ends before 2016. The tax rates on those T3 returns should be calculated at the graduated rates. Is there something I’m missing?


#2

Figured it out! TaxCycle didn’t start T3’s until 2014 so my 2013 T3 return used the 2017 version. Weird.