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Questions from potential new user of Turbotax Desktop T1 and T2 Canada
I previously filed client personal and corporate income tax returns using Taxprep but now only have a few family personal income tax returns and one corporate income tax return. Therefore, looking for desktop (Canada) tax software which is more cost appropriate.
1. Am I able to import prior year data from Taxprep into TurboTax desktop T1 and T2?
2. I assume prior year data can be rolled forward each year in TurboTax desktop?
3. Are there plans to discontinue the Desktop version of TurboTax T1 and T2 as most software providers are transitioning to online only platforms?
4. After I load the desktop version on my computer, do I get notified of software version updates/new releases?
5. How do I efile my T2 and T1 returns to CRA? Do I need to register with CRA to do this? I was previously registered to efile client returns but I assume I need some different efile number/password? Or, is this all done via TurboTax and I don't need to register with CRA to efile?
Thank you for any comments.