How is it calculated?
A time period is any period in which some or all of the eligible transactions occur, such as the period from the time that an eligible transaction is made. The time period for an eligible transaction can be up to 12 months, for example.
If you are in another time period but don’t have your qualifying transaction in front of you and want to view the transaction in order to complete it, you can view the transaction in the appropriate time period by clicking “View”. To view a transaction, click the “View” button at the bottom of the list of transactions.
You can’t view transactions that you don’t own at that time period. When you view a transaction, be sure to check the “In other transactions” box and to pay the tax as normal.
The tax period in which you can view a transaction depends on how it was created or processed. Learn more about how to find the eligible transaction in a new transaction window.
How do I get eligible transactions displayed?
A tax period may last multiple blocks (blocks of time) and the tax period will start from block number 1. For example, let’s say you first see block 2 in the following time range:
Block 1: 01/01/2009 – 05/17/2009
Block 2: 05/18/2009 – 09/24/2009
Because transactions are processed in a time period, a transaction can appear in the tax period of any number of blocks.
When you first see a block in a time period, it will appear as you first viewed that block and is visible in that time frame.
But, when you view blocks until a certain block number on the tax period calendar (e.g., 5, where blocks are numbered from 1 through 15), it will appear for one block from that block until that block is displayed. Once you view a block in the tax period, the block will no longer appear. For example, if you see block 1 in block 2 of a time period on June 17, 2009, as shown on the calendar below, it’s still there on that day, but will disappear in the next block.
The time frame of a block you see will be dependent on how it was created. If the block is an EFT (Electronic Filer Transaction) block, for example, it will only display for blocks from the last five blocks, while a time period will normally only have a block from the day
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