When I log into my Turbotax account and go to download the data on record it says this next to the checkbox that needs to be checked to download it:
"You'll lose access to your electronic tax returns, W-2 records and audit assistance."
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I want to download the data that Turbotax has in its records for my account.
But in order to do that I have to submit IN ADVANCE to losing access to that data online in my Turbotax account.
Why can't I download the data and THEN decide if I want to delete that data and lose access to it and to my audit assistance in my Turbotax account? I don't know if I want to lose access to it before I see exactly what data is there.
Three more questions please:
1) When it says I will lose access to the data. Does that mean the data will also be permanently deleted from TT records since once I lose access I assume that also means I can no longer delete it myself?
2) Does the above (downloading your data) apply to TT users who use the Desktop version of TT or only those who file using an online version of TT? Do Desktop version users also have stored data in Turbotax records?
3) I use the desktop version of TT. When I start a new TT file for taxes each year it fills in data from the previous year's TT filed return. Will deleting this data have any effect on that process? I believe it gets that data locally on the users computer from last years local TT file. But can someone confirm that?
Thank you.
