Limitations Regarding the Capabilities of GenuTax Planner

GenuTax Planner cannot provide a reasonable estimate of your tax liability if one of the following tax situations applies for the year:

  • You are a resident of Quebec at the end of the year;
  • You are not a resident of Canada;
  • You are subject to paying Alternative Minimum Tax (AMT) for the year;
  • You declared bankruptcy during the year; or
  • The individual is deceased.

In addition, if your marital status changes during the year, GenuTax Planner assumes that your marital status at the end of the year applies to the entire year. Therefore, certain tax credits that may be permitted on your actual tax return for the part of the year before your marital status changed will not be calculated by GenuTax Planner.

































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