Turbox desktop, moved from Windows to Mac for 2025, wrong numbers imported from tax2024 file

[lasr]

I always use Turbotax desktop, on Windows for previous years and moving to MacOS for 2025. The import of my tax2024 file seemed fine and I didn't see any errors. Our personal info showed up correctly. However I've seen several numbers imported from 2024 were wrong. For the first two or three cases, I didn't realized the import being the culprit and corrected them when I was prompted for confirmation in the windows like "We import from your 2024 tax .... Make necessary corrections..". Now I see more wrong 2024 numbers. This caused doubts to the whole thing. I've done most of the work for 2025. How can I know if my 2025 tax is done correctly? 

[ThomasM125 · Accepted solution]

The main things that would transfer over from the previous year would include carryover losses and asset entries  that relate to rental or business activities. If you don't have those, then that would not be a concern. If you do, you would have to look on your 2024 return to identify what should be carried over. You can do that by looking at each business related schedule to see if there is a carryover line and then editing your business entry in 2025 where there are input options for carryovers. If you can clarify which business activities you have we can be more specific.

You may have a capital loss carryover, it would be listed on your previous year Schedule D, line 16 minus line 21. That would be entered in the Wages and Income section, then Investment Income, then Capital Loss Carryover.

Other than that, you can print out your current year return and trace your entries back to your source documents. Also, compare it line to line with your previous year return and investigate any apparent discrepancies.

[VolvoGirl · Accepted solution]

Did you try opening the .tax2024 file in the 2024 program to see if it’s the right file, matches what you filed and still correct?   Then save it again and transfer.  

You can even install the 2024 program on the Mac if you want.   

[lasr]

Thank you for the hint. I installed the Turbotax 2024 on my Mac and looked at the tax2024 file I imported. It indeed is a wrong file. The import itself looked correct. I am so sorry about all the troubles.  It's embarrassing.

[lasr]

As I said in the other update, I imported a wrong file. Sorry about it.

The info you provided is still very valuable and can be used for verifications.