Note: Transferring a .tax file isn't the same as a PDF transfer.
When you transfer from last year's .tax file, these items transfer 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 2022 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 2023 tax liability
- Schedule C, including ending inventory
- Important: See the proper way to remove a Schedule C business that transferred 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 transfer if the file is password protected.
Also, TurboTax Free Edition doesn't support transferring last year's TurboTax Desktop .tax file. Transferring is available on TurboTax Deluxe or higher.
