Corporate Taxprep 2019.2.1

Line 996 Summary – Amended Tax Return – Description of Changes

This multiple copy form allows you to retain information relating to the different amended prior-year tax returns. This way, you can retain a history of all copies of Form L996, Amended Tax Return - Description of Changes (Jump Code: L996) of a particular taxation year. Data in all copies of this form created for a current taxation year as well as all copies created with the Form Line 996 Summary - Amended Tax Return - Description of Changes with regards to a prior taxation year will automatically be rolled forward the following year into this form. Note all taxation years will be retained without taking into account the usual 5-year carryover period. Once the file is rolled forward, the copies will be classified according to the most recent taxation year, then according to the most recent filing date.

Note that the text that you can enter on line 996 can contain a maximum of 500 lines and each line is limited to 78 characters. If you exceed this limit, the program will warn you. You will have to reduce the length of your text accordingly, because no additional paper note can be added.

You can export information using another application, such as a word processing program (e.g. Word). To do so, use the Copy and Paste standard editing commands to copy and paste the information in the appropriate box.

See Also

Line 996, Amended Tax Return - Description of Changes