@ mnfish h wrote:
@ mesquitebean "Or were you asking just for the sake of continuity of data year after year?" Yes
I will pay more attention when begin the process in 2023.
Thanks for the help.
You're welcome. In regard to the *.tax2021 data file from this year's 2021 return and *.taxYYYY data files from tax year 2020 and earlier (if you have them), you should archive them (or copies) somewhere safe in case you ever need them at some point in the future, such as preparing an amended return, transferring this year's 2021 file into next year's 2022, etc. Users occasionally post in this forum that their hard drive crashed and lost all their previous tax files.
If you want, you can even use the relevant year's software to make PDFs for easier viewing when desired without having to launch the desktop software.
Remember the tax data files and any PDFs you save are very sensitive files, since they contain your personal ID info, financial data, and possibly bank account numbers, etc. Be sure to store them safely and securely to guard against computer theft, hacking, etc.
If you have any trouble transferring the data file next year, ask for help in the forum at the time you are starting the 2022 return. Good luck!
