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Here's some posts I've collected about Transferring from 2024 into 2025 on Mac.
This post got it to work a weird way….
https://ttlc.intuit.com/community/taxes/discussion/2025-turbo-tax-will-not-import-my-information-fro...
"I was having the same issue and stumbled upon a workaround. I tried opening the 2024 return using the 2025 software. Then a dialogue box opened up offering to transfer the file and this actually worked."
This user found he didn't hit the Begin button to start
https://ttlc.intuit.com/community/taxes/discussion/transfer-information-from-previous-year-s-turbota...
Several ideas and fixes in this thread.
https://ttlc.intuit.com/community/taxes/discussion/attempting-to-import-last-year-s-tax-return-but-t...
Some posts I found said….
After the program said it successfully transferred the information, I would click through and then it didn't show anything. All the fields were blank. I tried multiple times. What finally seems to have worked is I chose to select a file from my computer, instead of the .tax file that automatically showed up to select.
I just saw another post where someone said they kept "fiddling with it" so I exited out of 2025 TurboTax and back in again and then it worked....so I transferred it quick!
I opened my 2024 tax file using TurboTax 2024. It notified me that there were updates necessary to the software. I allowed it to update TurboTex 2024 and open my last-year's file. Then I re-saved the file. I then quit TT2024, re-opened TT2025, and was able to transfer the data.
I did as another stated. Opened TT2024, it updated the file. closed application. Opened 2025 TT to transfer 2024 in and it worked like a charm.
Also there is a problem saying it's encrypted. Many posts about encryption. Here's one.....
https://ttlc.intuit.com/community/taxes/discussion/getting-the-selected-file-is-not-a-previous-year-...
However, I did get it to work! I opened my old tax return in the 2024 version and selected duplicate. It was recommended I encrypt the file but I declined. This version was able to be uploaded into online.
I had this same problem just now. I was unable to "begin" and then import from the previous year. But, I followed the tip to open the previous year's return from the 2025 software and it imported everything right away.
I can confirm that opening the previous year's file from the finder worked for me. When I tried the standard way, within Turbotax [home and bus. Mac desktop], I found the file and it loaded into the menu, but when I clicked continue I got the "Bonk" warning sound and nothing happened. After I found this post, I located last years file in the finder, right clicked and chose open with Turbotax 2025, [ it is set to open in 2024 by default ] It transferred correctly and let me get started.
+1 - updated 2024 TurboTax solved my issue
I have the same issue. TurboTax 2025 can find my 2025 tax form, but when I select this file and click the button "Continue" nothing happens.
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