When I tried to eFile in Turbo Tax business there was a screen titled Electronic Filing Information and for some reason it was showing last years total income information, even said "total income from 2020 return". Why is it showing a prior year's information on this screen? I assume it is correct because even the help screen showed the title as Prior Year Federal Total Income, but I just wasn't sure why it is here right before you file and wanted to know why the current year info isn't supposed to be here instead. I attached a photo but removed the numbers. It also keeps changing one of my no responses to yes.
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It is part of the identification process. They want to be sure you are who you say you are.
Thanks, but then why was the information pre-filled? (I erased to post the photo in this question forum but the information was already in there, it was not asking me to put it in to verify)
I can't specifically speak to this particular info, but I would assume it is following the policy of comparing last year's figures with current entries - as shown in the rest of the TT process.
There are several pieces of information the IRS will use to verify a tax filers identity. It is proven if individuals are able to provide specific information requested (your total income for 2020), only that individual or whomever previous prepared their taxes, can verify their identity.
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