2790039
This is my first year using TurboTax and am complete beleiver in turbotax and will continue using it for the rest of my tax paying days. My question is this: How do I start the process of doing my tax return for next year? Will the default page load to next year's tax processing when I log in to my account when time arrives to start doing next years taxes?
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Yes. Did you use the Online version for 2021? When Online opens in December you just log into your account and it will automatically transfer your info from last year.
FYI ... do not be in a big rush to file. The online program will become available in early December but the program will not be fully functional until late January at best with many of the state programs not coming online until later than that. AND if you file before the employer has sent in the W-2 forms then your return will be put on hold until that happens. The IRS doesn't open efiling until mid to late January so even if you can efile before then the return is frozen on the TT servers so if you find you made an error it cannot be stopped or retrieved until the IRS either accepts or rejects the return.
And....if you have never used TT before you might want to consider using the CD/download if you have a full PC or Mac. You should understand the differences before you choose.
ONLINE vs. DESKTOP
When you use Online TurboTax, you get one return per fee. Each return needs its own account and user ID. If you use the same account and user ID for a second return, you overwrite the first one and lose it forever.
When you use Desktop TurboTax, which you install from a CD or download to your own hard drive, you can prepare and e-file multiple returns for the cost of the software. You can e-file up to 5 Federal returns—more if you mail the additional ones. If you have multiple returns to prepare for family members, Desktop is more cost effective.
Desktop --unless you specifically buy federal Deluxe only from a retailer-- will include the software for one specific state. You can prepare as many returns for that state as the number of federal returns you prepare. E-filing state returns is an extra fee which can be avoided by printing and mailing the states. Additional--other--state software is an additional fee for the software.
Yes. Did you use the Online version for 2021? When Online opens in December you just log into your account and it will automatically transfer your info from last year.
Yes. I used the online version. Great! 😀 I am looking forward to december with great anticipation. I have never felt so exited about doing taxes before in my life! I am assuming on line version keeps my previous year data? If so, that's awesome. If not I downloaded this years return.
I should have started turbotax a decade ago!!!
FYI ... do not be in a big rush to file. The online program will become available in early December but the program will not be fully functional until late January at best with many of the state programs not coming online until later than that. AND if you file before the employer has sent in the W-2 forms then your return will be put on hold until that happens. The IRS doesn't open efiling until mid to late January so even if you can efile before then the return is frozen on the TT servers so if you find you made an error it cannot be stopped or retrieved until the IRS either accepts or rejects the return.
And....if you have never used TT before you might want to consider using the CD/download if you have a full PC or Mac. You should understand the differences before you choose.
ONLINE vs. DESKTOP
When you use Online TurboTax, you get one return per fee. Each return needs its own account and user ID. If you use the same account and user ID for a second return, you overwrite the first one and lose it forever.
When you use Desktop TurboTax, which you install from a CD or download to your own hard drive, you can prepare and e-file multiple returns for the cost of the software. You can e-file up to 5 Federal returns—more if you mail the additional ones. If you have multiple returns to prepare for family members, Desktop is more cost effective.
Desktop --unless you specifically buy federal Deluxe only from a retailer-- will include the software for one specific state. You can prepare as many returns for that state as the number of federal returns you prepare. E-filing state returns is an extra fee which can be avoided by printing and mailing the states. Additional--other--state software is an additional fee for the software.
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