Can transfer the tax info (included the carryover credit, stock info and rental depreciation) from 2016 Business tax year to 2017 TurboTax Premier version ? Thanks

[thinh_loan]

In 2016 tax year, I were using the TurboTax business version.  Now i want to use TurboTax Premier version for 2017 tax year., because i do NOT have the business LLC anymore.

Can transfer the tax info (included the carryover credit, stock info and rental depreciation)  from 2016 Business tax year to 2017 TurboTax Premier version ? Thanks

[EdwardK · Accepted solution]

It depends.

You may transfer .tax data file(s) created using TurboTax Home & Business to TurboTax Premier.

However, you cannot transfer .tax data file(s) created using TurboTax Business to TurboTax Premier or even open .tax data file(s) created by the other program since each handle different types of tax returns which include different forms/schedules/worksheets. Please review the following link(s) and the link(s) embedded on the webpage(s) for more information:

• Is TurboTax Business right for me?
• What types of returns does TurboTax Business handle?
• When transferring a .tax file, what information carries over to my return?
  

[thinh_loan]

Many thanks

[aiksiongkoh]

Can I transfer data from TurboTax Home & Business to TurboTax Business? How ? Thanks.

[EdwardK]

No.

The explanation is similar to the explanation provided in the original answer. You cannot transfer .tax data file(s) created using TurboTax Home & Business to TurboTax Business or even open .tax data file(s) created by the other program since each handle different types of tax returns which include different forms/schedules/worksheets. Please review the following link(s) and the link(s) embedded on the webpage(s) for more information:

• What types of returns does TurboTax Business handle?
• When transferring a .tax file, what information carries over to my return?