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All corporations with annual gross revenue of more than $1 million have to file their T2 return electronically, except for insurance corporations, non resident corporations, corporations reporting in functional currency, and corporations that are exempt from tax payable under section 149 of the Income Tax Act.
Form T-2 shall be used for statements of eligibility of individuals designated to act as trustees under trust indentures to be qualified pursuant to Sections 305 or 307 of the Trust Indenture Act of 1939.
In short, YES, you can prepare your corporate tax return, and file it with the CRA. There is no requirement to have an accounting degree or experience to do it. So if you want to do it yourself for free, follow this article to get more details about preparing your T2 tax return and filing it with the CRA.
The most common information and documents required to file a T2 corporate return include: Company name, registered address, and Business Number. Names and addresses of all shareholders. Whether shareholders hold shares in other companies or if the company is bound or associated with other companies.
What is a T2 tax return? The T2 is the mandatory corporate income tax return form for the federal government of Canada. The exact term for this statement is "declaration of corporate income." Each company must file a corporate income tax (T2) for each taxation year.
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People also ask

The T1 General Income Tax and Benefit Return is the tax return used by individuals to calculate their annual tax liability and get federal or provincial benefits such as the GST/HST Credit.
The T2 Short Return is two pages plus a Schedule 1, Net Income (Loss) for Income Tax Purposes, a Schedule 8, Capital Cost Allowance (CCA), and a Schedule 50, Shareholder Information. The T2 Short Return is a simpler version of the T2 Corporation Income Tax Return.
Download TaxTron T2 for Windows The software can be downloaded for free and you can file your corporate return for free if you have a Net Loss for income tax purposes (T2 General page 3, line 300). You only need to purchase a single license if you have a profit or net income of zero for accounting purposes.
Form T-2 shall be used for statements of eligibility of individuals designated to act as trustees under trust indentures to be qualified pursuant to Sections 305 or 307 of the Trust Indenture Act of 1939.
With T2inc.ca, the average price for filling and sending corporate tax returns (T2 and CO-17 forms) vary between $375 and $750. The price depends on the complexity of your situation and the time required to fill out your tax return before the deadline.

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