Get your taxes done using TurboTax

Ok cool. Thanks y'all!

 

So what I am gathering is I am able to manually enter what I have from IRS for the year 2023. Thats a relief.

 

Also thanks for the instruction on how to do capital losses carry over.  Those capital losses were from 2021 and I've continued to get $3000 or so of that applied to the last couple years of taxes. So I'd like to keep that going.

 

I have a few questions, for one does this type of information for previous years get stored in the next years turbo tax save file? I have the 2022 turbo tax file and every year since at least 2016 I've been transferring in my previous years turbotax file into that years current one.

 

Would best practice be to transfer everything in from the 2022 tax file and then manually add all the information I have from the IRS free transcript for the 2023 missing info?

 

Would that then have me all caught up and ready to work on my 2024 taxes?

 

Thanks for your help thus far everyone