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meswain55
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Can I use last years TurboTax software already downloaded for 2022 Federal taxes or do I need to purchase new software?

It's a simple question.... Does not need elaboration.
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2 Replies

Can I use last years TurboTax software already downloaded for 2022 Federal taxes or do I need to purchase new software?

The software is new for each year.   The tax laws and forms change each year.  You must use 2022 software for a 2022 tax return.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Can I use last years TurboTax software already downloaded for 2022 Federal taxes or do I need to purchase new software?

Yes...new software is required every year.

 

1)  The "Online" browser-based software transitions automatically in ~Nov-Dec every year.....and you have to pay again ( for most versions ) every year

 

2)  IF you use the desktop/download software, you have to buy a copy of it again for preparing the next year's taxes.

.....but your year references are confusing? 

 

3)  For Desktop software,

.....a) What was used during early 2022 was 2021 tax software....and is labelled as being 2021 software.  It cannot be used to prepare/file a 2022 tax return.

....b) What is being used now during early 2023 is 2022 tax software.....and is labelled as being 2022 software.  You could have bought/downloaded/installed that software any time after ~Nov-Dec of 2022, and once installed, you don't have to buy it again to prepare your 2022 taxes. BUT...if you need extra states, those must be purchased, and there are State e-filing fees, for all states except NY)

 

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

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