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TaxCycle T2
What TaxCycle T2 is
TaxCycle T2 is Windows desktop software for preparing Canadian corporation income tax returns, from small businesses to associated or related corporate groups. It supports unlimited electronic filing for federal T2, Québec CO-17 and Alberta AT1 returns, including amended returns and listed foreign reporting forms. GIFI data imports from Xero, QuickBooks, Sage, CaseWare, AFP, Excel and CSV can populate returns and flag potential issues. Corporate linking and the CGI worksheet share S9, S23 and small-business-deduction information between related corporations. Integrations include Xero, Caseware Working Papers and Sage Accounting. The program is installed on each computer running 64-bit Windows 11 or Windows Server 2019/2022. TaxCycle T2 covers tax years 2011–27, with CO-17 returns from 2016 onward. Plans cost C$1,102, paid once for one user, C$1,532, paid once for three, or C$2,677, paid once for ten. A free TaxCycle Suite trial is available.
Who it suits
It is intended for Canadian accountants, bookkeepers and tax professionals preparing corporate returns. Windows desktop deployment suits firms installing the software on individual computers.
What it does well
- Unlimited T2, CO-17 and AT1 e-filing
- Imports GIFI from multiple accounting sources
- Links data across related corporations
- Supports amended and foreign-reporting forms
- Free TaxCycle Suite trial
What to know first
- Windows-only desktop installation
- No free plan
- Support does not interpret tax law
- One-time plans have additional-user charges
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| TaxCycle T2 2011-27 (1 user) | Corporate tax returns including AT1 and CO-17 · Additional users $248/each | C$1,102, paid once |
| TaxCycle T2 2011-27 (3 users) | Corporate tax returns including AT1 and CO-17 · Additional users $184/each | C$1,532, paid once |
| TaxCycle T2 2011-27 (10 users) | Corporate tax returns including AT1 and CO-17 · Additional users $173/each | C$2,677, paid once |
As taxcycle.com lists them, read 4 Oct 2026. The maker's own page has the final word.
Verdict
TaxCycle T2 focuses on Canadian corporate filing with broad GIFI imports and related-company data sharing. Its one-time licenses and Windows requirement should be weighed against the included filing and integration tools.
Facts from TaxCycle T2's own pages
- Connected services
- TaxCycle integrates with Xero for GIFI imports and invoice exports, Caseware Working Papers for GIFI transfer, and Sage Accounting for GIFI downloads into T2 and T5013. · taxcycle.com, 4 Oct 2026
- Corporate data sharing
- Corporate linking and the CGI worksheet let users share information between associated or related corporations, including S9, S23, and small business deduction details. · taxcycle.com, 4 Oct 2026
- Desktop software
- TaxCycle is desktop software that users download and install on each computer; its listed operating systems are 64-bit Windows 11 and Windows Server 2019 or 2022. · taxcycle.com, 4 Oct 2026
- Electronic filing
- The product supports unlimited federal T2, Québec CO-17, and Alberta AT1 electronic filings, including amended returns and listed foreign reporting and other forms. · taxcycle.com, 4 Oct 2026
- GIFI imports
- TaxCycle T2 imports GIFI data from Xero, QuickBooks, Sage, CaseWare, AFP, Excel, and CSV, and can automatically complete the return from GIFI schedules and flag potential issues. · taxcycle.com, 4 Oct 2026
- Intended users
- TaxCycle describes its tax preparation software as intended for Canadian accountants, bookkeepers, and tax professionals. · taxcycle.com, 4 Oct 2026
- Purpose
- TaxCycle T2 prepares Canadian corporation income tax returns for small businesses through complex associated or related corporate groups. · taxcycle.com, 4 Oct 2026
- Return history
- The pricing page lists TaxCycle T2 for tax years 2011–27, and the product page says CO-17 returns are available from 2016 onward. · taxcycle.com, 4 Oct 2026
- Security
- The maker's security help lists file locking, automatic save and recovery, password-protected files, and instructions for encrypting a Windows folder. · taxcycle.com, 4 Oct 2026
- Support
- Email and phone support operate weekdays from 8 a.m. to 5 p.m. Mountain Time, with extended hours and Saturday support during tax season, and the stated response time is within one business day. · taxcycle.com, 4 Oct 2026
- Support scope
- TaxCycle support does not interpret tax law or verify client data accuracy, and the filer remains responsible for tax compliance and accuracy. · taxcycle.com, 4 Oct 2026
- Trial
- The maker offers a free TaxCycle Suite trial and says users can get up and running in about 10 minutes; it does not state a trial duration on the product page. · taxcycle.com, 4 Oct 2026
Where TaxCycle T2 stands on Freedom251
- Corporate Tax Software#14 of 25