Free! Canadian T1 General 2007 Software
Everything You Need! (except netfile)
Taxman 2007
For All Canadian Residents
All provinces except Quebec (who tax-wise have already separated)
Version 1.5 is Ready!
See below at Bugs and Problems for a version history. 2007 has big changes for working stiffs, kids, pensioners, and even the filthy rich get thrown a bone. The Conservatives are giving out refunds-a-plenty but there's hoops to jump through first. There's three new forms: Schedule 6, T1032 Split Pension Income, and the foreign tax credit calculation at the bottom of Schedule 1 has moved to T2209. Download CRA's version of these forms because they have the full set of rules and regulations, which first-time users need to read.
Before printing the final return, come back and get the latest version because there's always something I missed.
If you run the Vista operating system, see Frequently Asked Questions to make Taxman run as an administrator.
If you already have the full Taxman program installed on your computer (it doesn't matter which year, just so long as C:\Program Files\Common Files\Taxman is full of stuff), then you only need: Taxman2007 Upgrade Version 1.5 (07setup5.exe, 1.9 MB)
Revised March 10, 2008.
Download Upgrade Version 1.5 Now!
After downloading, just double-click 07setup5.exe to install. If you install over a previous version your data is never replaced.
Otherwise you must get the full program:
Taxman2007 Full Version 1.2 (07txm12.zip, 7.4 MB)
This is the El Gordo version and there are two paths you can follow. You can take the direct path of the Good Samaritan: Download Full Taxman Now!
Or go through Winsite.com:
Go to Winsite
After downloading, you then unzip 07txm12.zip and double-click setup.exe to install.
Tell your friends to Google "taxman" — they'll get me before they get The Beatles
Program Embellishments:
Vista-friendly! Taxman has a new Help file and a new installation, all to keep up with Microsoft's latest operating system. Progress means you have to run very fast, just to stay right where you are.
Sounds! I've added sounds, which you will probably hate, so use Ctrl+Q to turn them off, or replace the wave files with something you like (just retain the name of the wave file you're replacing).
Plus more! Including an extra memory control on the calculator so you can drag-and-drop; and a revamped Worksheet that wants CPP pensioners to enter their Number of Months from Box 21, and not Box 13 the Effective Date. So pay attention! There's always something new for you to play with!
New Tax Changes:
Pension income splitting! If you receive pension income (not OAP or CPP), now you can pass that off to your spouse and hopefully to a lower tax bracket. This could mean big money for some, but not enough to compensate for actually having to live with your spouse. For an analysis...
All new Schedule 6! As complicated a two-page form as man can devise and yet I've crammed it into one page and saved another tree for our children's children!
Bugs and Problems:
- Only for Alberta, Version 1.0 wasn't adding in non-refundable credits. Version 1.1 cured that.
- Version 1.2 revises on the calculator the 2007 average exchange rate for the Euro from 1.4237 to 1.4691.
- Line 300 on Schedule 1 by default is 9,600 and by double-clicking you can set it to 9,600, but unless you have Version 1.3 you can't manually make it 9,600.
- Version 1.4 fixes line 57 on New Brunswick Tax & Credits which was looking for the wrong control. There are also some easy-flow design changes to Worksheet.
- Eligible dependant's net income at Line 305 on Schedule 1 and Schedule 5 weren't refreshing each other the first time through: Version 1.5 fixes this along with a few other minor improvements.
- Remember that if you have Vista you must allow Taxman to run as an administrator (see Frequently Asked Questions for more detail).
Comments? Email the Taxman
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