Although GenuTax Standard handles most tax situations, there are some circumstances under which you will not be able to use the software to prepare your income tax return:
If you own or hold foreign property with a total cost of more than CAN$100,000, you must complete Form T1135, Foreign Income Verification Statement, and send it to the Canada Revenue Agency's Winnipeg Taxation Centre at the address indicated on the form. Please note that GenuTax Standard software does not support the completion of Form T1135, or the electronic filing of this form using the Canada Revenue Agency's NETFILE or ReFILE services. Instead, if you are required to file Form T1135, and you use GenuTax Standard to complete and file your tax return, you will have to download Form T1135, complete and print a paper copy of the form, and mail it separately from your tax return.
In addition, if you were a resident of Quebec at the end of the taxation year, you may use GenuTax Standard to prepare your federal tax return only, the T1 General which is to be sent to the Canada Revenue Agency. GenuTax Standard does not support the preparation of the Quebec provincial income tax return, which is to be sent to Revenu Québec.
There are some types of tax returns that cannot be submitted electronically. These NETFILE restrictions are listed on the CRA's NETFILE website. If you are wanting to change an already-filed tax return using ReFILE, please note these additional restrictions listed on the CRA's website.
Please note that GenuTax Standard software is approved for personal use only. GenuTax Standard software is not approved for use by individuals that are in the business of preparing tax returns on behalf of others. Those individuals should be using software designed for use with the Canada Revenue Agency's EFILE service. Our company does not produce EFILE-approved software.