Open Client Files Created with a Previous Version of Corporate Taxprep

Corporate Taxprep allows you to open client files created with a previous version.

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

For planning purposes, Corporate Taxprep allows you to open .2xx client files that contain returns with a taxation year prior or subsequent to the taxation year covered by this version.

If you try opening a return with a taxation year prior to the taxation period covered, Corporate Taxprep 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.

In the case where you open a return with a taxation year subsequent to the taxation year covered, you will be able to modify data from the return; however you will not be able to file it with the tax authorities.