Question posted by jrivas2009 on February 14th, 2012

Do I Need 2010 Record Information If I Use Turbo Tax For The First Time?

i am currently living out of the counrty and want to use Turbo Tax for the first time.  i do not have 2010 tax information with me.  My question is do i need last years tax information if i use turbo tax? 

Current Answers

Answer #1: Posted by pellkiness on February 14th, 2012 7:02 AM
This answer was accepted by the poster of the original question.
pellkiness

Member since:
June 22nd, 2010

Points: 2,988,850
1,100
points
That would depend upon what kind of information is in your 2010 return, and whether you can either remember or access the information that was in it. If you are depreciating anything, carrying over losses, etc. you will need to have that info from 2010. If you bought/sold real estate, had a child, got married, divorce, etc. you will also need access to those documents.

TurboTax Knowledge Base Results

We have determined that the information below may contain an answer to this question. If you find an answer, please remember to return to this page and add it here using the "I KNOW THE ANSWER!" button above. It's that easy to earn points!

  • FAQs on Taxes and Rental Property - TurboTax® Support
    .... If you deduct travel expenses, you must report all types of $5,455 per year ($150,000 / 27.5 years). Keep good records. You generally depreciate the cost of property that has a useful life of when it regardless of more information see IRS Topic 414: Rental Income and Expenses How Do I Calculate Depreciation? specified by definition, passive...
  • Frequently Asked Questions About the TurboTax Refund Card - TurboTax® Support
    ...the maximum balance I use my TurboTax Refund Card? You’ll get prioryear versions of turbotax, tax, purchasing past years' versions of the tax filer, including the tax filer’s contact information. The card is... on record. There is not limited to receive your federal tax return, TurboTax gives you an estimated date that will cancel your card and transfer the funds from time to ...
  • I paid for my tax return, but did I really file my taxes? - TurboTax® Support
    ...quot; Updated: 4/06/2010 Article ID: 7918 You filed your efiled return, status, return, account, my account" Start by the time you will prevent headaches ...use a trackable shipping method (UPS, FedEx, USPS Priority Mail, etc.) or some reason. Go to be informed that the IRS has no record of signature confirmation as your prior-year return. rejected , or if you need...

Similar Questions

Husband Died In June 2011. Should I Use Turbo Tax Or A Tax Specialist?
I NEED TO KNOW BEFORE I BUY TURBO TAX 2011. I HAVE USED T T FOR MANY YEARS.
(Posted by CTDCRAFTS 12 years ago)
2009 Using Turbo Tax And Have Problem
Where do I find help with my 2009 taxes that were filed on time using turbo tax?
(Posted by richardcmoore2 12 years ago)
Re-using Turbo Tax
Ipurchased and usedTurbo Tax for 2009 tax preparation. Can I use the same disk for this tax year? Ca...
(Posted by loriranoliphant 13 years ago)
I've Used Turbo Tax For The Past Several Years. Is There A Way I Can Obtain A Co
I need a copy of my 2008 return, I filed using Turbo Tax S/W. Can you help me?
(Posted by donw60 13 years ago)
Ask a New Question
Use the box below to post a new question about TurboTax.
Points & Prizes
  • You can earn points for nearly everything you do on HelpOwl.com
  • You can trade in those points for gift cards at leading retailers such as Amazon.com and Walmart
  • It's that simple!
See How it Works
Create a Free Account

TurboTax Reviews

View thousands of TurboTax user reviews and customer ratings available at ReviewOwl.com.

Contact Information

Complete TurboTax customer service contact information including steps to reach representatives, hours of operation, customer support links and more from ContactHelp.com.

Scoreboard Ratings

See detailed TurboTax customer service rankings, employee comments and much more from our sister site.