# How to prepare a 2024 T3 Trust Tax Return?

**URL:** <https://www.protaxcommunity.com/t/how-to-prepare-a-2024-t3-trust-tax-return/7915>\
**Category:** Tax Topics\
**Created:** [February 28, 2024, 6:20pm UTC](https://www.protaxcommunity.com/t/how-to-prepare-a-2024-t3-trust-tax-return/7915 "2024-02-28T18:20:20Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![lokki](https://avatars.discourse-cdn.com/v4/letter/l/4da419/32.png) [@lokki](https://www.protaxcommunity.com/u/lokki)\
**Post date:** [February 28, 2024, 6:20pm UTC](https://www.protaxcommunity.com/t/how-to-prepare-a-2024-t3-trust-tax-return/7915/1 "2024-02-28T18:20:20Z")

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Hello All,

I have a GRE trust tax client with a year-end cut-off on January 31. I prepared their 2023 T3 Trust Tax return using DT Max last year. I completed the return and filed it to CRA on April 20, 2023 just before the deadline of April 30, 2023

I switched to Taxcycle this year. I re-entered the 2023 T3 data to the Taxcycle T3 program in order that I can carry forward the 2023 balances (such as CNIL) to 2024. The 2023 T3 return created by Taxcycle looks fine and consistent with my previous 2023 T3 tax return prepared under the DT Max.

Now I have to prepare the same client’s T3 Trust Tax Return for 2024; the deadline is still April 30, 2024. However, I just noticed that the 2024 option is not yet available on the Taxcycle T3 menu.

I called Taxcycle technical support this morning, and the technician told me that the 2024 T3 program will not be available until late June 2024.

My questions are :

1 How the other users of the Taxcycle T3 program prepare and file their clients’ 2024 T3 Trust Returns which have a year ended before June 30? (The deadline for filing a T3 return is 90 days after the year’s end)

1. How can the 2023 T3 file in Taxcycle be carried forward to a 2024 T3 file while the 2024 program still needs to be available?

Since my subscription to DT Max has not yet expired, I went back to my DT Max program, and it did allow me to carry forward my 2023 T3 file to 2024, and I can start preparing my 2024 T3 tax return immediately.

Why does Taxcycle ask their users to wait until June 2024 while competitor software has already allowed users to prepare their 2024 T3 tax return by now?

Thanks for any comments and assistance.

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**Author:** ![Nezzer](https://sea2.discourse-cdn.com/flex016/user_avatar/www.protaxcommunity.com/nezzer/32/3845_2.png) [@Nezzer](https://www.protaxcommunity.com/u/Nezzer)\
**Post date:** [February 29, 2024, 1:00am UTC](https://www.protaxcommunity.com/t/how-to-prepare-a-2024-t3-trust-tax-return/7915/2 "2024-02-29T01:00:24Z")

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> [@2024 T3 Trust Tax Return](https://www.protaxcommunity.com/t/2024-t3-trust-tax-return/7916/2):
>
> I have a GRE with an April 27th year-end. The 2023 T3 was created in the TaxCycle 2022 module, so when I carry that file forward, it creates a file in the 2023 module, with Tax Year End date of 2024-04-27. If your 2023 year-end is saved in the 2023 module, you won’t be able to carry it forward, but you could save a copy with a new filename, and change the dates to reflect the Jan 2024 year-end. Alternatively, it may be possible to import your DT Max file using TaxCycle’s carry-forward functio…

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**Author:** ![darlene](https://avatars.discourse-cdn.com/v4/letter/d/e9bcb4/32.png) [@darlene](https://www.protaxcommunity.com/u/darlene)\
**Post date:** [February 29, 2024, 4:05pm UTC](https://www.protaxcommunity.com/t/how-to-prepare-a-2024-t3-trust-tax-return/7915/3 "2024-02-29T16:05:03Z")

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