Prior period adjustment for a T2

T2
1

We have filed the T2 for 2018, but have identified an issue with 2017 where we need to make an adjustment to retained earnings. There is a gifi code for this - 3720, but Tax Cycle does not give me the option. Help

Kevin

2

@kevin3 The code is in S100 RE section.
You could also try this:

  • F4
  • Enter “3720”, select code 3720 in S100 in the search results
  • Hit enter. TaxCycle will automatically create GIFI code 3720

Steven