You may need information from the 2022 return if any of the following apply to you:
- you are depreciating assets for a business or rental
- you have carryforwards
- you received a state refund
If you are preparing your return in TurboTax and are in the same account you prepared your 2022 return in, TurboTax will automatically carry forward any information that should be carried forward. Isn't that great!
And as Ope mentioned, each year is looked at separately, so get that tax return filed before the deadline!
I know how hard it is when you're taking on "new to you" tasks, especially when they might be a bit intimidating. Just know that we are here for you! We'll help you become a confident tax filer.
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