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C
CEZED
Level 2
April 30, 2023
Question

importing from prior year turbotax

  • April 30, 2023
  • 1 reply
  • 3 views

Now that I am finished my first year with Profile, I would like to import many years of TurboTax files.

Is this possible without having to reenter the data??

This topic has been closed for replies.

1 reply

J
janisbossenberry
Level 7
May 1, 2023

Yes, I did this a few years ago.  In the Profile program, go to File - Carry Forward.  When the window opens up, go to the "Files of type" drop down box, click on the down arrow, and select the TurbotaxT1 option.  Locate your Turbotax file, select it, and click Carry forward.

C
CEZEDAuthor
Level 2
May 5, 2023

Does not work. What this does is create a new T1 file for the next year. 

J
janisbossenberry
Level 7
May 5, 2023

It sounds like rather than importing a file from TurboTax, you are asking if the history can be imported into the current Profile T1?  I think you should have carried forward the TurboTax file from 2021 into 2022 Profile, then done the 2022 T1.  If you instead did the 2022 T1 in Profile without the carry forward and are just looking for history,  then you would have to  enter the history on the appropriate summary (5 year tax summary, comparative summary, rental comparative, T2125 comparative).

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