When copying a .tax file, what information carries over to my return?

When you copy from last year's .tax file, these items carry over:

• Name, address, and filing status
• Social Security number
• Dependents
• Bank information for direct deposit of tax refunds
• Adjusted Gross Income (AGI)
• Self-select PIN, if you successfully e-filed your 2023 return
• Employer's name and address
• Form 1099 payer information (banks, stocks, mutual funds, retirement accounts, etc.)
• Deduction descriptions such as medical expenses and the names of charities
• Tax refunds that you applied to your 2024 tax liability
• Schedule C, including ending inventory
  • Important: See the proper way to remove a Schedule C business that copied over.
• Schedule F, including ending inventory
• Schedule E
• Business-use information
• Contribution, credit, state, and local tax carryover amounts
• Capital loss and passive loss carryovers
• Partnerships, S corporations, estates, or trusts that you have an interest in
• Depreciable items such as cars, equipment, and buildings

A .tax file from a previous year won't copy if the file is password protected.