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1. No, you cannot
2. Yes, you can. See this TurboTax support FAQ for how to download the tax data file from the online editions to your computer - https://ttlc.intuit.com/community/saving/help/how-do-i-save-my-turbotax-online-return-as-a-tax-data-...
No you cannot use the CD/download online. The license code cannot be used to pay for online software. Online and the CD/download are different platforms--you cannot move back and forth. When you use the CD/download your tax files are only stored on your own hard drive or any backup device you use like a flashdrive. They are not stored online and you cannot access it online.
Going back and forth between two PC's or laptops etc would be clumsy--you would have to save it to a device and move the files every time you change computers.
Thanks. Will check it out
Thanks
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