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Will offline Turbotax versions sync with previous year online Turbotax and automatically do carryovers for stuff like rental property depreciation? Can the online version then import information from a offline version?
The last time I filed my taxes using Turbotax online was 2020.
I skipped 2021 and 2022 (I over-paid irs but didn't file an actual return due to personal circumstances), and used Turbotax online again for 2023.
Since I didn't do 2021 and 2022 taxes yet, I couldn't calculate my depreciation expenses on my rental property for 2023 using Turbotax online.
If I purchase Turbotax offline for 2021 will there be a way for it to automatically carryover information from my 2021 online version, including depreciation of rental property? I would like to repeat this by getting the 2022 offline version as well.
Finally, will I be able to import data from 2022 offline TT into my 2023 online version so the depreciation schedule is calculated accurately?
I know I'll have to go through amendment process for 2023 now that extension deadline has passed.