Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
jamindaniel93
New Member

I have a rental property. I'm not sure how to do the depreciation. My brother has done my taxes in the past using turbotax. Can I import previous depreciation document?

Do I have to start over if I can import it? Thanks.
1 Best answer

Accepted Solutions
_Beancounter
Level 3

I have a rental property. I'm not sure how to do the depreciation. My brother has done my taxes in the past using turbotax. Can I import previous depreciation document?

Yes you may, here are the instructions with a link to TT answer:

https://ttlc.intuit.com/questions/1900883-how-do-i-transfer-last-year-s-return-in-turbotax-online

 

If you used TurboTax CD/Download last year and you're using TurboTax Online this year

You can transfer last year's tax data file (*.tax2015) if you're preparing your 2016 return in TurboTax Online Deluxe, Premier, or Self-Employed.

  • You won't be able to transfer a PDF, it must be a *.tax file.
Note: If you already started your 2016 return in TurboTax Online, transferring will clear any info you have already entered.  Please keep in mind, a .tax file from a previous year will not transfer if the file is password protected.
 
Here's how to transfer:
 
You must be using TurboTax Online on your computer to do this transfer (it won’t work from a mobile device/mobile web, or in the mobile app)  
  1. Sign in to TurboTax Online and start a new return, or continue a return you already started.
    (To continue a return, sign in and then click the orange Take me to my return button.)
  2. Make sure you've gone past the blue "simple and accurate" screen before continuing to the next step.
  3. Select the My Account drop-down menu in the upper right, and then select Tools.
  4. In the pop-up window, select Transfer last year's TurboTax return from your computer.
Follow the on-screen instructions to finish transferring your file.

View solution in original post

6 Replies
_Beancounter
Level 3

I have a rental property. I'm not sure how to do the depreciation. My brother has done my taxes in the past using turbotax. Can I import previous depreciation document?

Yes you may, here are the instructions with a link to TT answer:

https://ttlc.intuit.com/questions/1900883-how-do-i-transfer-last-year-s-return-in-turbotax-online

 

If you used TurboTax CD/Download last year and you're using TurboTax Online this year

You can transfer last year's tax data file (*.tax2015) if you're preparing your 2016 return in TurboTax Online Deluxe, Premier, or Self-Employed.

  • You won't be able to transfer a PDF, it must be a *.tax file.
Note: If you already started your 2016 return in TurboTax Online, transferring will clear any info you have already entered.  Please keep in mind, a .tax file from a previous year will not transfer if the file is password protected.
 
Here's how to transfer:
 
You must be using TurboTax Online on your computer to do this transfer (it won’t work from a mobile device/mobile web, or in the mobile app)  
  1. Sign in to TurboTax Online and start a new return, or continue a return you already started.
    (To continue a return, sign in and then click the orange Take me to my return button.)
  2. Make sure you've gone past the blue "simple and accurate" screen before continuing to the next step.
  3. Select the My Account drop-down menu in the upper right, and then select Tools.
  4. In the pop-up window, select Transfer last year's TurboTax return from your computer.
Follow the on-screen instructions to finish transferring your file.
jamindaniel93
New Member

I have a rental property. I'm not sure how to do the depreciation. My brother has done my taxes in the past using turbotax. Can I import previous depreciation document?

I will try that. Thank you very much!
_Beancounter
Level 3

I have a rental property. I'm not sure how to do the depreciation. My brother has done my taxes in the past using turbotax. Can I import previous depreciation document?

You are very welcome. Good luck!
_Beancounter
Level 3

I have a rental property. I'm not sure how to do the depreciation. My brother has done my taxes in the past using turbotax. Can I import previous depreciation document?

If you know the user name and password your brother used to do your taxes...yes you can import last year. The depreciation and property assets should import into this years return.

_Beancounter
Level 3

I have a rental property. I'm not sure how to do the depreciation. My brother has done my taxes in the past using turbotax. Can I import previous depreciation document?

I am assuming your brother used the online TT.
jamindaniel93
New Member

I have a rental property. I'm not sure how to do the depreciation. My brother has done my taxes in the past using turbotax. Can I import previous depreciation document?

I think he used the cd version. Will it still transfer?
Dynamic AdsDynamic Ads
Privacy Settings
v