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When experimenting, the first thing I would do is make a copy of the 2024 tax data file, give it a distinctive name, and store it somewhere safe, so that it doesn't get accidentally overwritten with any further maneuvers you try.  Or you can use that copy for any experimenting--just be sure it's named differently so it doesn't get mixed up with your original data file.      A tilde file can be a backup, but it's not necessarily all the exact data from the final tax data file "as filed."  It depends on the date/time and what instance of the data file was backed up; i.e., how close in proximity it was created in relation to the actual data file.  If you have multiple tilde files, then the closest to the actual data file would be the youngest one.  But I would consider that a last resort, and I would try to use the actual data file if at all possible, for the most accurate transfer.   I assume you are referring to the *.tax2024 data file; i.e., be sure it's the right year.  You didn't say if your 2024 software is for Windows or Mac software and how you are trying to open the 2024 file.   In Windows there are at least 3 ways to open the 2024 data file.  In Windows, when you launch the 2024 program, at the main TurboTax screen there may be a large rectangular icon which is a shortcut to the data file; clicking that rectangular icon opens the file.   An optional way is to launch the TurboTax 2024 program and then at the main screen going up to the left corner of the interface to the FILE menu and in the dropdown menu choosing "Open Tax File", then pointing TurboTax to the file location (the default is the Documents\Turbotax folder.)   Those first two ways are the recommended ways, but there is another way, which is to locate the *.tax2024 data file in the Documents\TurboTax folder directory and double-clicking the data file, which should launch the 2024 program and open the file in one action.   Do you get the same error with all 3 of these methods?

Can you explain how? I have been used TT for years but usually bought in Jan. This year I bought in Nov. dues to new tax law for No tax for Senior=$6000 thing. And section IRA, Pension is still not available as of today 12/20/25. I had uninstalled mine and redownload and installed but it is still not available. This is frustrated to buy the TT too early is a waist. Unable to estimate as I knew exactly the amount to file. TT software is bad lately. Next year I need to find out from HR block. No longer trust TT.

Has anyone successfully installed TurboTax Business 2025 on Windows 10? I have not heard anyone say it worked.....  Specs on the INTUIT site say WIN11 only.  If it will run on WIN10, why didn't they update the requirements?

assuming you are correct and that your father can not claim you as a dependent, if he does not file an amended return removing you as a dependent, sooner or later both of you will get a notice to amend.  if you are correct do nothing. it's your father that has to correct his return. if he fails to do so, the IRS mails a second notice to both asking for proof of dependency status. the IRS reviews the documentation and sends a bill to the person filing an incorrect return

E-filing for 2024 is permanently closed, so the only way to file your 2024 return is by mail now.     When you mail a tax return, you need to attach any documents showing tax withheld, such as your W-2’s or any 1099’s.  Use a mailing service that will track it, such as certified mail so you will know the IRS/state received the return.   Federal and state returns must be in separate envelopes and they are mailed to different addresses.  Read the mailing instructions that print with your tax return carefully so you mail them to the right addresses.     If you cannot be claimed as someone else's dependent then you do not need to change anything on your own return.   If you answered NO to the question about being claimed, your return is correct, so mail it just as it is.     We cannot help with questions regarding your citizenship status.     

You cannot change the tax year.   The current online program is for 2025 only.   Only a 2025 return can be prepared online and only a 2025 return can be e-filed.   Online preparation and e-filing for 2022, 2023, and  2024 is permanently closed. Note:  The desktop software you need to prepare the prior year return must be installed/downloaded to a full PC or Mac.  It cannot be used on a mobile device.   To file a return for a prior tax year  If you need to prepare a return for 2022, 2023, or 2024  you can purchase and download desktop software to do it, then print, sign,  and mail the return(s) https://turbotax.intuit.com/personal-taxes/past-years-products/ You may also want to explore purchasing the software from various retailers such as Amazon, Costco, Best Buy, Walmart, Sam’s, etc.   Remember to prepare your state return as well—if you live in a state that has a state income tax.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/contact-state-department-revenue/L9qVToi02_US_en_US?uid=m6e06um0   When you mail a tax return, you need to attach any documents showing tax withheld, such as your W-2’s or any 1099’s.  Use a mailing service that will track it, such as certified mail so you will know the IRS/state received the return.   Federal and state returns must be in separate envelopes and they are mailed to different addresses.  Read the mailing instructions that print with your tax return carefully so you mail them to the right addresses.  

if you used Turbotax in 2024 the carryover should be part of the transfer when you start 2025.  there is also a worksheet in the 2024 file where the components of the carryover are calculated.- something like "cap ls carryforward".

yes. if not connected with business use of property they would go on schedule A in the tax section. The cap on  is $40K for 2025. you must have itemized deductions that exceed your standard deduction to benefit from the PP taxes. Turbotax should optimize between itemization and the standard deduction.

Could you clarify this for me?  I have two 1098 from the mortgage being sold to a different bank. We aquired the mortgage for $714,900 and it was sold a few months later for $712,650. I have entered both 1098 as the instructions led me and went throught the screenshot above. However, now at the end of the year I received a letter from the IRS that we claimed to large of a deduction, which I guess is because the two amount equal more than the capped $750k. I dont know how I need to amend my return.