SW CPA
Level 1

T2 Schedule 68 tax included in Part I tax

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?

S-I-G
Level 1

Other Questions

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

ProFile Duncan
ProFile Team

Other Questions

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

Pro4
Level 1

Other Questions

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