I have rental property that I depreciate every year on my federal tax return. I have been doing this for many years. I keep the Turbo Tax software from past years on my computer, thinking that when I do my current tax return, it looks back to prior year software to transfer data for that rental property into my current tax return. Do I need to keep all those past years of Turbo Tax software on my computer?
Also, I have a Windows 10 computer. I understand that Turbo Tax software for tax year 2025 will not work on a Windows 10 computer. If I buy a new computer with Windows 11, can I install those past years Turbo Tax software, which has my tax files in it, on the new computer so that when I do the 2025 tax return it will calculate the correct depreciation for my rental property?
