# Final T2 return on dissolving a BC Limited Company

**URL:** <https://www.protaxcommunity.com/t/final-t2-return-on-dissolving-a-bc-limited-company/12529>\
**Category:** T2\
**Created:** [June 26, 2026, 3:44pm UTC](https://www.protaxcommunity.com/t/final-t2-return-on-dissolving-a-bc-limited-company/12529 "2026-06-26T15:44:52Z")\
**Posts on this page:** 5\
**Page:** 1

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**Author:** ![moh786](https://avatars.discourse-cdn.com/v4/letter/m/6bbea6/32.png) [@moh786](https://www.protaxcommunity.com/u/moh786)\
**Post date:** [June 26, 2026, 3:44pm UTC](https://www.protaxcommunity.com/t/final-t2-return-on-dissolving-a-bc-limited-company/12529/1 "2026-06-26T15:44:52Z")

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I have a client in BC, it is a BC resitered corporation, The company was dissolved on Apr 30, 2026. We are filing the final return.T2, where do your enter the dissolution date?? Thank you

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**Author:** ![cmjuneja.fca](https://avatars.discourse-cdn.com/v4/letter/c/ecc23a/32.png) [@cmjuneja.fca](https://www.protaxcommunity.com/u/cmjuneja.fca)\
**Post date:** [June 26, 2026, 5:19pm UTC](https://www.protaxcommunity.com/t/final-t2-return-on-dissolving-a-bc-limited-company/12529/2 "2026-06-26T17:19:10Z")

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On a T2 Return in TaxCycle, you do not enter a date of dissolution; instead, you record it by establishing a short fiscal year and marking the return as final return, on the contrary in ProFile we have that facility

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 ![90fd825e-14ef-46a2-8d4b-7784eb44c0b2.png](https://us1.discourse-cdn.com/flex016/uploads/taxcycle/original/2X/c/cc82e8c82b4a69d2541faa49239adc619bc71cf3.png)

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**Author:** ![SmallBizGuy](https://avatars.discourse-cdn.com/v4/letter/s/74df32/32.png) [@SmallBizGuy](https://www.protaxcommunity.com/u/SmallBizGuy)\
**Post date:** [June 26, 2026, 9:42pm UTC](https://www.protaxcommunity.com/t/final-t2-return-on-dissolving-a-bc-limited-company/12529/3 "2026-06-26T21:42:22Z")

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This is the way! Just about to do another one (after the dividend refund is received and paid back out…).

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**Author:** ![jhd.hemeon](https://avatars.discourse-cdn.com/v4/letter/j/3ec8ea/32.png) [@jhd.hemeon](https://www.protaxcommunity.com/u/jhd.hemeon)\
**Post date:** [June 26, 2026, 10:36pm UTC](https://www.protaxcommunity.com/t/final-t2-return-on-dissolving-a-bc-limited-company/12529/4 "2026-06-26T22:36:01Z")

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That gets to be a never-ending cycle. If the company has enough RDTOH, getting a dividend refund and paying that out as a dividend results in another dividend refund. It gets smaller as the cycle repeats, but it’s friggin ridiculous. Pay the dividend refund out as a bonus and be done with it. And, don’t claim a loss carry-back.

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**Author:** ![SmallBizGuy](https://avatars.discourse-cdn.com/v4/letter/s/74df32/32.png) [@SmallBizGuy](https://www.protaxcommunity.com/u/SmallBizGuy)\
**Post date:** [June 27, 2026, 4:47pm UTC](https://www.protaxcommunity.com/t/final-t2-return-on-dissolving-a-bc-limited-company/12529/5 "2026-06-27T16:47:03Z")

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Overpay the dividend to clear RDTOH, send some back as a shareholder loan to the corp, and withdraw the balance when the refund arrives. But yah…you gotta use up the RDTOH or you end up in that stupid cycle.