I was able to transfer the 2023 tax most of my 2923 data. Here are the steps:
1) Open your federal return
2 You will see Tools in the lower left hand margin. Click on this and scroll down to the option which refers to transfer of tax data from 2023.
3. Follow the prompts and find in your documents a txt file and click on it to open in the box provided
I followed the above steps successfully but was not able to import all last year’s income sources. TT said these brokerages were not currently partnered! Not true. To avoid having to enter these manually, I gave up on the Online TT version.
The Desktop did the transfer flawlessly. I also prefer the desktop since it enables you to view the tax forms as you work on them. I was told that the Online enabled more readily available HELP, but I am dubious since, despite hours on the phone, my issues were not fully resolved. If you don’t need to transfer investment data from a lot of sources, you will probably have no problem with the transfer to Online TT. Do just make certain please that there are no omissions.
