How to Start a TaxCycle Forms File

Updated: 2022-03-18

TaxCycle Forms module helps you prepare a variety of government forms for your clients. Use these forms for individuals, corporations, trusts, charities or partnerships. For a list of the forms included in this module, see the TaxCycle Forms Collection page.

Create a Forms File From Another Return

  1. Open a TaxCycle file from a different module.
  2. Go to the Data menu.
  3. Click the button to Create 2021 Forms (or for the year you need).
  4. TaxCycle transfers the taxpayer information to the new file, including the type of taxpayer, jurisdiction, contact, account, business and rental information.

Screen Capture: Create 2021 Forms

Start a New TaxCycle Forms File

  1. On the Start Screen, click on the Forms icon.
  2. Click on New Form to start a new file.
    Screen Capture: New TaxCycle Forms
  3. The Info worksheet offers fields for all the taxpayer types and jurisdictions/residencies. The form changes based on your selections.
  4. Select the Type of Taxpayer to display the applicable sections. For example, select T2 Corporation to display the fields for entering the corporate information.
  5. Select the Jurisdiction or Residency to display the sections related to that jurisdiction. For example, choose British Columbia to see British Columbia Logging Income Tax section.
  6. To enter information about the contact person and authorized person, see the Contact Person and Authorized Person on the Info Worksheet (TaxCycle Forms) help topic.
    Screen Capture: TaxCycle Forms Info Worksheet