History of taxation years

This section includes the following lines that facilitate the entry of start dates of preceding tax years.

1. Do you want to calculate the dates of the prior taxation years from the start date of the current taxation year?

This box allows you to recalculate the history dates based on the start date of the current taxation year, considering that all taxation years included between these two dates are taxation years of 365 days (366 days for leap years).

Notes:
If you choose to recalculate the dates and dates had been entered in the Beginning column, the dates entered will not be retained. In addition, note that the Undo command (Ctrl+Z) on the Edit menu cannot be used to cancel the recalculation of these dates.
We suggest that you answer “Yes” on this line to create a history of taxation years for all client files. You can also answer “Yes” when the taxation year dates that had been calculated by the program in the “Taxation year information” section of Form Trust Identification and Other Information have been modified.

2. Do you want to delete the dates from the taxation year history for all prior taxation years?

This box allows you to delete all dates of the history, from the first to the twentieth year.

Note:
If you answer “Yes” to this question, you will not be able to use the Undo command (Ctrl+Z) on the Edit menu to cancel the deletion of these dates.