Based on the how the question is asked when you close out, it opens the possibility that you will delete the entire file if you don't answer "save". I presume TT is like most programs and will retain previously saved work but, because it doesn't ask "save changes" but rather asks "save file" it is confusing with regard to what might happen if you choose not to save file. Am I losing just the K-1 I changed, or am I deleting the file named and saved by the program? . In my case I renamed the file (adding numbers representing the date and the end of the program named file) and intended to go back and compare the input of a particular K-1 from my work back in March and the updated K-1 sent to me Sept 26th. Simply don't want to wipeout the original work from March. I presume TT reverts to last save work of a file name but...
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When you make changes in the downloaded version the changes are only saved when you choose to save them. The save will overwrite the file of the same name so if you want to save the return in various states of completion you will need to change the file name somewhat to differentiate the files from each other and preserve each file. So if you use the "save as" option you can make as many different files/versions that you want to but be very careful to file the correct return ... that you file the finished return and not an earlier one.
One way to do this is 2016 version 1, 2016 version 2, 2016 version 3... or 2016 income only, 2016 income + deductions, 2016 as filed, etc....
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