Getting started

1. Am I able to import prior year data from Taxprep into TurboTax desktop T1 and T2?

No. you can’t import from other tax programs into TurboTax Desktop.

 

2. I assume prior year data can be rolled forward each year in TurboTax desktop?

Yes, you can do this for the T1 program. If you have QuickBooks, you can import GIFI information into TurboTax Business Incorporated.

 

3. Are there plans to discontinue the Desktop version of TurboTax T1 and T2 as most software providers are transitioning to online only platforms?

No plans have been announced – the Desktop versions are not going away anytime soon.

 

4. After I load the desktop version on my computer, do I get notified of software version updates/new releases?

By default, TurboTax Desktop will search for updates every time you open it. 

 

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?

For your T1 return, you don’t need to register or have a My Account to file online using NETFILE. For a T2 return, you will need to get a Web Access Code or an EFILE number and password from the CRA to file electronically.