M-MTax
Level 15

Get your taxes done using TurboTax


@m12345$$!!6 wrote:

Cool ... so the H & R block software does indeed import Turbotax files?


Also, NOT "cool" since we only know, for certain, that basic information gets imported from TurboTax.

 

We do NOT know whether any of the following gets imported:

 

1. W-2 information from the prior year

2.1099-B information from the prior year

3. Passive loss carryovers

4. Capital loss carryovers

5. Rental property information, including asset depreciation

6. Schedule C information, including asset depreciation

7. Dependent information

8. AMT credit carryforwards

 

And that's just a partial list. None of that may be applicable to you, but it certainly applies to others who have switched or may consider doing so.

 

It would be great to get confirmation here, one way or the other, but we don't have that at this point, as far as I know.