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I have my 2017 Turbotax return on my computer. Is there a way for 2018 Turbotax to read the tax loss carry forward from 2017 Turbotax or do I have to enter it manually?

 
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Accepted Solutions
Ashby
New Member

I have my 2017 Turbotax return on my computer. Is there a way for 2018 Turbotax to read the tax loss carry forward from 2017 Turbotax or do I have to enter it manually?

Follow these instructions and you should be able to upload your return information from last year and the carryovers should be applied.

  1. Open TurboTax 2018 and choose to Start a New Return from the TurboTax File
    • Don't open an existing return by selecting Continue.
  2. When your 2017 tax file appears on the Good News screen, select it and click Transfer Return.
    • If you don't see last year's tax file, select Browse and in the new window, select All Files (*.*) from the drop-down in the lower right corner. Then browse to wherever you stored your 2017 return and open it.
    • If you still can't locate your return, it might be on another computer. We've got instructions on moving your return to a new computer.
  3. After the transfer is complete, check the screen for any special instructions. If none, select Continue.
  4. Now save your new tax file to ensure you don't lose any info and continue to follow the on-screen instructions,
  5. You'll also have a chance to review, edit, or delete transferred information later on.

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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1 Reply
Ashby
New Member

I have my 2017 Turbotax return on my computer. Is there a way for 2018 Turbotax to read the tax loss carry forward from 2017 Turbotax or do I have to enter it manually?

Follow these instructions and you should be able to upload your return information from last year and the carryovers should be applied.

  1. Open TurboTax 2018 and choose to Start a New Return from the TurboTax File
    • Don't open an existing return by selecting Continue.
  2. When your 2017 tax file appears on the Good News screen, select it and click Transfer Return.
    • If you don't see last year's tax file, select Browse and in the new window, select All Files (*.*) from the drop-down in the lower right corner. Then browse to wherever you stored your 2017 return and open it.
    • If you still can't locate your return, it might be on another computer. We've got instructions on moving your return to a new computer.
  3. After the transfer is complete, check the screen for any special instructions. If none, select Continue.
  4. Now save your new tax file to ensure you don't lose any info and continue to follow the on-screen instructions,
  5. You'll also have a chance to review, edit, or delete transferred information later on.

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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