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I want to do my 2016 taxes. but all it is giving me is the option to do my 2015 taxes
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The online product of TurboTax for 2016 is not open yet. It should be available by mid December. You can buy and use the CD/download product now. Here is a link to track or buy each type of product: https://turbotax.intuit.com/personal-taxes/online/.
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