I am using Turbotax CD. 2018. It did not give me an option to import business data from Turbotax 2017 on my same computer.
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Yes, if your 2017 tax file is on your computer you can transfer it into your 2018 return. You will want to start a new return and then transfer the 2017 file into it. See the steps below from a TurboTax FAQ on transferring your tax files:
Note that once you've gone past the Transfer screens, you can't revisit them. If you need to re-transfer, start fresh with a new return by following the steps above.
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