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Level 2
posted Jan 9, 2022 8:32:20 PM

TT 2020 or need to buy TT 2021?

Maybe a naïve question: I bought TT business 2020 for my LLC taxes last year. Can I re-use this same software for the 2021 LLC taxes or do I need to download a new TT business 2021?

 

Also, in case I download a new TT 2021, will it be able to pull information from the TT file created and saved on my computer by TT 2020 last year?

 

Thanks!

0 2 881
1 Best answer
Level 15
Jan 10, 2022 5:26:32 AM

You need a new program for the 2021 tax year and yes the info transfers thru ... just follow the screen instructions.

2 Replies
Level 15
Jan 9, 2022 8:53:46 PM

Law and forms differ each tax year but info does transfer to the new software.

Level 15
Jan 10, 2022 5:26:32 AM

You need a new program for the 2021 tax year and yes the info transfers thru ... just follow the screen instructions.