I had to make changes to past taxes, & got revised NOAs.How do I change the records in previous years copies of Turbotax so that the changes are recognized by Turbotax24

[dickaur]

For example for Turbotax to show correct history in reports and to correctly calculate available RRSP room and CNIL. And if i have two versions of a .tt22 file for example, which does Turbotax choose for previous year's data?

[TurboTaxAniqua]

You won't be able to reflect the change that you have made for Tax Year 2022 for Refiling to reflect on your Tax Year 2024. You can only import the last year return to the current year and if that information is correct then it will reflect on the current year Tax return (2024).

Thanks for choosing TurboTax.

[dickaur]

Thank you.  Follow up question - Please confirm: the only time the previous year's data is imported into this years tax return is at the beginning step of "Open an Existing Return"?

Looking at Easy Step what is included in "Data Transferred from Last Year" only shows Name, contact info, SIN, and RRSP contribution room.  Yet, in DSUM, the detailed summary, I can select the previous year in the second column and all of last year's tax data is there.  I believe there is a discrepancy here.  Please check.

Because I still have many years of TurboTax, on my computer, I recommend that TurboTax coding be changed so that corrections/changes can be made to previous year's returns and that these corrections are carried forward to the next year's return.  I would contend that people receive a NOA for even two or more years ago where there are some differences from what was submitted and it would be useful to fix previous returns for the calculation of items such cumulative losses, CNIL, etc.