Open Client Files Created with a Previous Version of Taxprep for Trusts

Taxprep for Trusts allows you to open client files created with a 2014 version of Taxprep for Trusts or a future version, as long as the taxation year end is covered by Taxprep for Trusts.

Opening returns with a taxation year end prior to the taxation period covered by this version

For planning purposes, Taxprep for Trusts allows you to open .3xx client files that contain returns with a taxation year prior to the taxation year covered by this version.

If you try opening a return with a taxation year prior to the taxation period covered, Taxprep for Trusts will prompt you to open it in read-only. A return opened in read-only cannot be filed with the tax authorities: a watermark will print during the printing of the forms or returns, and the transmission will not be available.