Internet Filing for Alberta corporation using TurboTax Business Incorporated

[ssaint86]

Hello, 

When I selected AB as the Jurisdiction for my corporation, I get a warning that the software does not support Internet filing? Is this correct? Or is the warning misworded and it is only if the gross revenue is over $1 million?

[TurboTaxSusan]

In TurboTax Business Incorporated the Alberta AT1 in RSI format can only be printed and mailed to the Alberta government. If you have revenue of over $1 million, you will need to electronically file your return so you will need to find another program to do this.

If you need assistance with TurboTax Business Incorporated or preparing your incorporated business tax return (T2), you can contact the dedicated support team using the chat here: https://public-consumer-chat.app.intuit.com/app/ccs/consumer?experienceId=ttbInc. Agents are available 9:00 am to 6:00 pm EST, Monday to Friday.

You can also visit the Intuit Profile support site. TurboTax Business Incorporated is based off Profile software.

[ElFluffy]

I had the same question. The warning that pops up in the software is not worded very well. I am incorporated in Alberta. My revenue is less than $1M annually. What I understand from the reply to the original poster's question is that I can use TurboTax Incorporated and will be able to efile to the CRA, but will also need to mail the AT1 to the Alberta Government. If I do this, I will not be subject to a $1K penalty. Do I have that correct?

[TurboTaxSusan]

@ElFluffy If your company's gross revenue is less than $1 million it is not required to net file its Alberta AT1 Returns.

[alvinjohnston]

The Alberta Government has advised that for returns with a yearends after December 31, 2024, the $1 million threshold has been removed and all corporations will be required to net file there AT1 Return. The Alberta Government is proposing a $1,000 penalty if the AT1 is not net filed.

Can you please advise how to net file the AT1 and avoid the huge penalty. Please advise ASAP

Thanks

[email removed]

[TurboTaxSusan]

@alvinjohnston 

If you need assistance with TurboTax Business Incorporated or preparing your incorporated business tax return (T2), you can contact the dedicated support team using the chat here: https://public-consumer-chat.app.intuit.com/app/ccs/consumer?experienceId=ttbInc. Agents are available from 9:00 am to 6:00 pm EST, Monday to Friday.

You can also visit the Intuit Profile support site. TurboTax Business Incorporated is based off of Profile software.

[JudyNS1]

For Alberta Corporate filing, taxation years after 2024, the 1 million threshold is removed therefore all corporations will be required to file net file their AT1 return. 

Will turbotax be updated for this change ?  

[TurboTaxAniqua]

@JudyNS1 At this time we are not aware of any new changes within TurboTax personal software.

If you need assistance with TurboTax Business Incorporated or preparing your incorporated business tax return (T2), you can contact the dedicated support team using the chat support.
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