T2 short 2012 form-2025

Show details

4.4 out of 5

559 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. Eligible corporations must meet specific conditions, such as having a permanent establishment in one province and not claiming refundable tax credits. The return requires the attachment of three schedules: Schedule 100 (Balance Sheet), Schedule 125 (Income Statement), and Schedule 141 (Notes Checklist). It serves as both federal and provincial tax returns, except in Quebec and Alberta.

Here's how it works

01. Edit your form 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 it via email, link, or fax. You can also download it, export it or print it out.

The best way to edit T2 short 2012 form online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

With DocHub, making changes to your paperwork takes only some simple clicks. Follow these fast steps to edit the PDF T2 short 2012 form online free of charge:

Register and log in to your account. Sign in to the editor using your credentials or click Create free account to test the tool’s features.
Add the T2 short 2012 form for redacting. Click on the New Document button above, then drag and drop the sample to the upload area, import it from the cloud, or using a link.
Adjust your file. Make any changes required: add text and pictures to your T2 short 2012 form, underline details that matter, erase parts of content and substitute them with new ones, and add symbols, checkmarks, and fields for filling out.
Finish redacting the template. Save the modified document on your device, export it to the cloud, print it right from the editor, or share it with all the people involved.

Our editor is very user-friendly and efficient. Try it now!

See more t2 short 2012 form versions

We've got more versions of the t2 short 2012 form form. Select the right t2 short 2012 form 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 the T2 short form?

A T2 short return is used to report loss or nil net income throughout the tax year. It is also suitable for organizations that are exempt from tax under section 149 of the Federal Income Tax Act. If the corporation gained profit, it has to complete a regular T2 Corporation Income Tax Return.

What is a T2 document?

The T2 document is a term that is important in the area of international trade in goods within the European Union (EU). This is a transit document that regulates the movement of goods without customs clearance between EU Member States and certain non-EU countries participating in the Common Transit Procedure (CTP).

What is a T2 file?

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 T2 reporting?

The T2 Corporation Income Tax Return or T2 is the form used in Canada by corporations to file their income tax return. All corporations other than registered charities must file a T2 return for every taxation year, regardless of whether tax is payable.

What is the T2?

All resident corporations (except tax-exempt Crown corporations, Hutterite colonies and registered charities) have to file a corporation income tax (T2) return every tax year even if there is no tax payable. This includes: non-profit organizations. tax-exempt corporations.

Is a T2 the same as a financial statement?

The T2 reflects the companys total financial picture. Financial statements are typically prepared to aid in the preparation of the corporate tax return. In all T2s a special schedule called The General Index of Financial Information (GIFI) is required.

What is a T2 form for?

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.

What is the difference between a T1 and a T2?

If you have an incorporated business, you must complete a corporate (T2) tax return for the business, and you must also complete a separate personal (T1) tax return. If your business is incorporated, the business losses (non-capital losses) cannot be used to reduce income on your personal tax return.

T2 short 2012 form-2025

Here's how it works