Menu

Prior-Year Returns

Updated: 2020-08-18

TaxCycle includes modules to prepare T1 tax returns for years as far back as 2012. By default, the Start screen only shows the current year and two prior years. You can change this.

Scroll to Show More Years

  1. When you first open TaxCycle, it shows two prior years next to the current year. Click the right arrow to scroll to prior years.
    Screen Capture: Scroll Right
  2. Click the left arrow to scroll back.
  3. On wider screens, click more years link to expand the list to the right.
    Screen Capture: Scroll Left
  4. Click fewer years to return to the default number of prior years.
    Screen Capture: Fewer Years

Set Options to Display More Years

  1. In the blue bar on the left of the Start screen, click on Options.
  2. On the left of the Options dialog box, click on Start Screen.
  3. Choose how many rows of prior-year returns to show in each column on the Start screen.

Screen Capture: Start Screen Options

Carry Back to a Prior Year

If you need to prepare multiple years of returns in TaxCycle, you do not have to start with the earliest return and move forward. You can start with the current return and move back if you wish.

  1. Prepare the current-year return.
  2. Right-click on a form and select Prior year. Or, click Prior Year in the Data menu.
    Screen Capture: Data Menu | Prior Year
  3. In the dialog box that appears, click Create to create a new prior year return.
  4. If you already have a prior-year return, click Browse to locate it and link it to the current-year file.
    Screen Capture: Cannot Find Prior Year Return
  5. Once a link exists between the current and prior-year, you can click Prior year in the right-click menu, or on the Data menu to open the prior-year return and jump to the same field or form.

Refresh a Prior-Year Return

To update the prior-return with any changes in the current-year file:

  1. Make your changes in the current year return.
  2. Click Refresh and then Refresh Prior Year in the Data menu.
  3. Or, click Prior Year and then Refresh Prior year.
    Screen Capture: Refresh Prior Year

List Prior-Year Returns

To see a list of prior-year returns, go to the Link sidebar and expand the Prior Years section.

Screen Capture: Link Sidebar

Background Texture on Prior-Year Returns

By default, TaxCycle shows the year in the background on forms in prior-year returns. This texture displays up regardless of the colour you choose for your returns.

To disable the background texture:

  1. Go to Options (click Options in the blue bar on the left when on the Start screen. Or, when a return is open, click on the File menu and then on Options).
  2. On the left, scroll down and expand T1/TP1 and click on General.
  3. Clear the check box next to Add the year as background texture to prior-year forms.

Screen Capture: Background Watermark

Haven't found the answer? We can help.

Contact us and we’ll get back to you as soon as possible.