T2 short return 2025

See details

4.8 out of 5

207 votes

The T2 Short Return is a simplified tax return for Canadian-controlled private corporations with nil or loss net income, and non-profit organizations exempt from tax. Eligible corporations must meet specific conditions, including having a permanent establishment in one province and not claiming refundable tax credits. The return requires the attachment of three General Index of Financial Information (GIFI) schedules and serves as both federal and provincial/territorial income tax returns, except in Quebec and Alberta.

Here's how it works

01. Edit your t2 short return online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send t2 short via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out t2 short return with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the T2 Short Return in the editor.
Begin by filling out the identification section. Enter the corporation's name, business number, and address. If there have been any changes since your last notification, ensure to update those fields.
Proceed to indicate if the corporation is a Canadian-controlled private corporation or falls under other categories. This is crucial for determining eligibility for the T2 Short Return.
Complete the financial statement information by attaching GIFI schedules 100, 125, and 141 as required. Ensure that all figures are reported in Canadian currency.
Review each section carefully, especially regarding any additional forms or schedules that may need to be attached based on your corporation's specific circumstances.
Finally, certify the return by signing it digitally within our platform before submitting it to your tax centre.

Start using our platform today for free and streamline your T2 Short Return process!

See more t2 short return versions

We've got more versions of the t2 short return form. Select the right t2 short return version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2019	4.8 Satisfied (207 Votes)
2017	3.9 Satisfied (41 Votes)
2012	4.4 Satisfied (559 Votes)
2011	4.4 Satisfied (80 Votes)
2009	4.4 Satisfied (153 Votes)
2006	4.9 Satisfied (56 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is a T2 short return?

T2 Short Return. The T2 return is the standard 9-page document for all resident corporations (except for Crown corporations, Hutterite colonies, and registered charities), even if these businesses dont owe taxes. The T2 Short Return is a simplified version of the original T2.

Whats a T3 return?

Your T3: Statement of trust income allocations and designations slip shows income allocated to you, as a beneficiary, by a trust (such as a personal or estate trust). You might also receive a T3 if you had investment income from non-mutual funds in non-registered accounts.

What is T1 and T2 in tax?

A T1 reports income from the calendar year and is typically filed by the following April 30. Individuals using a T1 form include personal income details, such as employment and investment income. The T2 form is for incorporated businesses to report their corporate income and expenses, and to calculate taxes owed.

What is a short form tax return?

The 1040EZ is a simplified form used by the IRS for income taxpayers that do not require the complexity of the full 1040 tax form. Simply select your tax filing status and enter a few other details to estimate your total taxes.