TaxCycle T2
TaxCycle T2 is Windows desktop software for preparing Canadian corporation income tax returns, from small businesses through complex associated or related co…
What TaxCycle T2 is
TaxCycle T2 is Windows desktop software for preparing Canadian corporation income tax returns, from small businesses through complex associated or related corporate groups. It supports unlimited electronic filing for federal T2, Québec CO-17, and Alberta AT1 returns, including amended returns and listed foreign reporting forms. GIFI data can be imported from Xero, QuickBooks, Sage, CaseWare, AFP, Excel, and CSV, with schedules used to complete returns and flag potential issues. Corporate linking and the CGI worksheet share information between related corporations, including S9, S23, and small business deduction details. Integrations include Xero, Caseware Working Papers, and Sage Accounting. The program is installed on each computer and supports 64-bit Windows 11 and Windows Server 2019 or 2022. Tax years 2011–27 are listed, with CO-17 from 2016 onward. Pricing is C$1,102, paid once for one user, 1532.00 CAD for three, and 2677.00 CAD for ten. A free TaxCycle Suite trial is available.
Good
- Supports federal, Québec, and Alberta filings
- Imports GIFI from multiple sources
- Links data between related corporations
- Includes amended electronic filings
- Offers a free suite trial
Watch out
- Windows desktop installation required
- No free plan
- Support does not interpret tax law
- Users remain responsible for filing accuracy
Who it suits
TaxCycle T2 suits Canadian accountants, bookkeepers, and tax professionals preparing corporation returns. It fits desktop Windows environments needing GIFI imports and multi-jurisdiction filing.
Verdict
TaxCycle T2 covers Canadian corporate returns with broad electronic filing, GIFI imports, and related-corporation data sharing. Its desktop Windows deployment and paid licensing are central considerations for practices selecting it.
Plans and prices
From TaxCycle T2's own pricing page, checked 4 Oct 2026.
| Plan | Price | What it gives you |
|---|---|---|
| TaxCycle T2 2011-27 (1 user) | C$1,102, paid once | Corporate tax returns including AT1 and CO-17 · Additional users $248/each |
| TaxCycle T2 2011-27 (3 users) | C$1,532, paid once | Corporate tax returns including AT1 and CO-17 · Additional users $184/each |
| TaxCycle T2 2011-27 (10 users) | C$2,677, paid once | Corporate tax returns including AT1 and CO-17 · Additional users $173/each |
The facts
Each one read from TaxCycle T2's own pages, with the date it was checked.
What it does
- Connected services
- TaxCycle integrates with Xero for GIFI imports and invoice exports, Caseware Working Papers for GIFI transfer, and Sage Accounting for GIFI downloads into T2 and T5013.checked 4 Oct 2026
- Corporate data sharing
- Corporate linking and the CGI worksheet let users share information between associated or related corporations, including S9, S23, and small business deduction details.checked 4 Oct 2026
- Desktop software
- TaxCycle is desktop software that users download and install on each computer; its listed operating systems are 64-bit Windows 11 and Windows Server 2019 or 2022.checked 4 Oct 2026
- Electronic filing
- The product supports unlimited federal T2, Québec CO-17, and Alberta AT1 electronic filings, including amended returns and listed foreign reporting and other forms.checked 4 Oct 2026
- GIFI imports
- TaxCycle T2 imports GIFI data from Xero, QuickBooks, Sage, CaseWare, AFP, Excel, and CSV, and can automatically complete the return from GIFI schedules and flag potential issues.checked 4 Oct 2026
- Intended users
- TaxCycle describes its tax preparation software as intended for Canadian accountants, bookkeepers, and tax professionals.checked 4 Oct 2026
- Purpose
- TaxCycle T2 prepares Canadian corporation income tax returns for small businesses through complex associated or related corporate groups.checked 4 Oct 2026
- Return history
- The pricing page lists TaxCycle T2 for tax years 2011–27, and the product page says CO-17 returns are available from 2016 onward.checked 4 Oct 2026
- Security
- The maker's security help lists file locking, automatic save and recovery, password-protected files, and instructions for encrypting a Windows folder.checked 4 Oct 2026
- Support
- Email and phone support operate weekdays from 8 a.m. to 5 p.m. Mountain Time, with extended hours and Saturday support during tax season, and the stated response time is within one business day.checked 4 Oct 2026
- Support scope
- TaxCycle support does not interpret tax law or verify client data accuracy, and the filer remains responsible for tax compliance and accuracy.checked 4 Oct 2026
Money
- Trial
- The maker offers a free TaxCycle Suite trial and says users can get up and running in about 10 minutes; it does not state a trial duration on the product page.checked 4 Oct 2026
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