Each online account can only handle 1 Federal return per tax year. If you try to prepare a second return in the same account, it will overwrite the first one, making it unrecoverable.
Follow this procedure instead:
Instructions
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Sign out of TurboTax Online.
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Select the TurboTax Online product you want to use for the second return and proceed.
- On the Create your account screen, set up a new login for the second return.
- You can reuse your email address if you want to receive e-file notifications for the second return.
- Up to 5 accounts can be tied to the same email address.
- After you've created the new account, you can start working on the second return.
Tip: If you're preparing multiple returns
for family members, it's more economical to switch to the TurboTax
CD/Download software, which lets you e-file up to 5 federal returns at
no additional cost. More info