Create a Taxprep Forms File

Taxprep for Trusts allows you to create a Taxprep Forms client file and copy the appropriate data from Form Identification, Trust Identification and Other Information (Jump Code: ID), into the Identification form of the new Taxprep Forms client file.

As the preparer of a trust income tax and information return for which you have to prepare T4 slips, Statement of Remuneration Paid, for the trust's employees, this functionality allows you to save time by preventing you from having to re-enter data from the Identification form into a new Taxprep Forms client file.

A Taxprep Forms client file can be created when the Taxprep for Trusts client file is opened in the Tax Return view or when selecting the file from the Client Manager.

How to create a Taxprep Forms file

1. To create a Taxprep Forms client file from the current client file: in the File menu, click the Create Taxprep Forms File command.
   To create a Taxprep Forms client file from the Client Manager: right-click the selected client file and click Create Taxprep Forms File.
   The Create Taxprep Forms File dialog box displays.

2. Select the location where you want to save the Taxprep Forms client file.

   Options available when saving

   • Same folder as source client file: Saves the Taxprep Forms client file to the same location as the Taxprep for Trusts client file. If you want to save all of your client's files to the same location, use this option.
   • Default folder for Taxprep Forms client files: Saves theTaxprep Forms client file to the default location of the Taxprep Forms client files. If you want to save all Taxprep Forms client files to the same location, use this option.
   • Specify a folder: Saves the Taxprep Forms client file to the specified folder. If you want to save the Taxprep Forms client file created from Taxprep for Trusts to a specific folder, use this option.
3. A Taxprep Forms client file name identical to the Taxprep for Trusts client file name is suggested prompted by default. However, you can modify the Taxprep Forms client file name if it is not appropriate.
4. Click OK..
   If a Taxprep Forms client file with the same name already exists, you will be able to replace, rename or save it to another folder.
   Then, Taxprep Forms opens the client file created to allow you to continue preparing the required forms or slips.