If you use the CD or download Turbo. Tax software, your tax files are stored wherever you save them on the computer that you use. In Windows the default location is the My Documents\Turbo. Tax folder, but you could have saved them somewhere else.
By default, Turbo. Tax saves tax files in the My Documents Turbo, and tax folder. After locating the path to the tax file on your computer, open your tax return using the same version of Turbo. Tax for that year. For example, open your 2020 return in the Turbo. Tax 2020 program and your 2019 return in Turbo, and tax 2019. Lost or misplaced your CD or download?
In other words, after you enter your information in Turbo. Tax and save it, Turbo. Tax creates a file on your computer with the extension tt YY, where YY represents the last two digits of the tax year. We refer to this file as the tax data file.
Another popular query is “How do I open a tax file prepared in TurboTax?”.
A .tax file can only be opened in the Turbo. Tax CD/Download software. Because it’s stored locally on your computer, we can’t retrieve tax data files prepared in the Turbo. Tax CD/Download software.
Where do I Find my TurboTax CD/download file from last year?
By default, Turbo. Tax saves your tax data files in the Documents folder on your computer. The specific folder location is C:/Users/user_name, my documents/turbo Tax/tax_year, where user_name is your Windows user name and tax_year represents the tax year.
Another frequently asked query is “What happened to Intuit TurboTax free file?”.
Intuit, the company behind popular tax filing software Turbo. Tax, announced that it will no longer participate in the IRS Free File program, which helps millions of Americans submit tax returns at no cost.
Why am I being charged for TurboTax free edition?
Free Edition is for simple returns that file a 1040 with no additional schedules, and is free as long as you don’t select any add-ons or upgrades. Review your fees to find out why you’re being charged. Then, follow the directions to remove any unwanted charge:.
Does turbotax offer free filing?
, turbo Tax provides a personalized, free tax filing experience. Answer simple questions about your life to get every tax deduction and credit you deserve. Experience easy and free tax filing as a returning customer!
Turbotax Deluxe gives you one free state preparation, but it still charges you to e-file said state preparation. Talk about a bait and switch! March 30, 2020 8:38 PM Is e-filing your state tax return free with the turbotax deluxe software?
One answer is that You can file with Turbo. Tax Free Edition if you have a simple tax return. A simple tax return is Form 1040 only. How does Turbo. Tax make any money? Customers with more complex tax situations will file with our paid Turbo. Tax products that provide all the additional forms and guidance they need.
Does turbotax issue 1099?
You can issue form 1099 MISC through Turbo Tax Home and Business with the link provided to Quick Employer Forms. You do have to have a return started (not completed) and you do have to pay your Turbo Tax fees for your personal return.
When I was reading we ran into the inquiry “Is there a problem with 1099-R on TurboTax 2020?”.
1099-R Issue Turbo. Tax 2020 2015 or 2016 Turbo. Tax had a problem dealing with a combination of code B Form 1099-R and other Forms 1099-R, particularly those with code G, but that was resolved back then. Perhaps a similar problem has surfaced.
One of the next things we wanted the answer to was: can I use TurboTax self-employed to create W-2 and 1099 forms?
You can use Turbo. Tax Self-Employed, Turbo. Tax Self-Employed Live, Turbo. Tax Home & Business for Windows, and Turbo. Tax Business to create W-2 and 1099 forms (including 1099-NEC and 1099-MISC) for your employees and contractors.
How do I get a 1099-MISC from Turbo Tax?
June 5, 2019 10:19 PM You can issue form 1099 MISC through Turbo Tax Home and Business with the link provided to Quick Employer Forms. You do have to have a return started (not completed) and you do have to pay your Turbo Tax fees for your personal return.
One thing you’ll notice on your 1099-NEC forms is that your clients don’t withhold income tax from your payments like they do for their employees. This does not mean, however, that you can wait until you prepare your tax return to pay 100% of the income tax you owe.