As guywong said, the current version of TurboTax does allow you to choose the folder to save your tax return in, just like the previous versions did. You make the choice when you save a new tax return for the first time, or when you use Save As.
TurboTax will not automatically find your tax return files unless they were saved by TurboTax on the same computer. If you copied the files from another computer, TurboTax cannot find them until you save them from TurboTax on the new computer. Once you do that, it will find them. Until then, you have to use "Find a Tax File" to open a file that was copied from another computer, or that was moved after you saved it in TurboTax. All versions of the CD/Download TurboTax software have "Find a Tax File" on the opening screen.
