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When you update your software in TurboTax Desktop, it does not affect the data you have entered. If the update changes a calculation that uses that data or updates where that data flows, then the program will use your existing data in the new calculation or data flow. In other words, updating your software after you've already starting entering data won't have any negative affects on your information. You won't lose any of the data you have entered.
The update does apply to all the data.
Therefor, your refund/tax due may change as soon as you update.
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