Can I import my prior year tax return from a different software? Yes! TaxAct makes it easy to switch, even if you used a different tax software last year. You can upload your prior-year tax return in PDF format, and we’ll pull in the details we need, which you can review for accuracy. It’s quick, seamless, […]
TaxAct customers can enter multiple Form 1099-B Proceeds From Broker and Barter Exchange Transactions quickly and easily by importing a CSV (comma separated values) file. To import transactions, you will need to either: obtain a spreadsheet file from your broker and import it using the steps below, or create your own spreadsheet – see Form […]
When you import a prior-year return, all of the applicable information is carried forward to your current year return. If you want to remove certain information, you will have to do it manually. To remove the spouse details, follow the steps below. Online Dashboard From within your TaxAct return, click About. On smaller devices, click […]
If there was a name entered on the prior year return that was allowed the taxpayer to qualify for the Head of Household filing status, this information will be imported into the current year’s return. If it is no longer needed/accurate, there are two ways to update the information: Change the Filing Status selection. Once […]
To change your filing status from “Married Filing Joint” to “Head of Household” after importing, you will need to remove any spousal information from your return. To remove the spouse details, follow the steps below. Online Dashboard From within your TaxAct return, click About. On smaller devices, click the menu at the top left corner […]
TaxAct supports importing Schedules K-1 created using the TaxAct Business Tax Products into your Individual (Form 1040) return. Once you have completed the Partnership (Form 1065) or S-Corporation (Form 1120-S) return, you should have a K1importXX.dat file saved on your computer (XX indicates tax year – for example, the filename for 2024 will be K1import24.dat). […]
You can save time by importing last year’s return into this year’s return. You can import TaxAct Online returns, TaxAct Desktop returns, and PDF files created in another tax program. When you import a prior year return, anything previously entered in the current return will be overwritten. You need to import the prior year return, […]
With the stock data import feature, you can import information from certain brokerages and financial institutions. Supported brokerages/institutions and steps vary depending on whether you are working in the online or desktop program. Online To access the stock data import feature, follow the steps below. Open the return. Go to Federal > Investment Income > […]
The Import feature is included in all the TaxAct programs at no extra charge. This feature allows you to import key information from last year’s return, saving you valuable time. There is no need to enter information such as your name, Social Security Number (SSN), address, etc. You will be given the option to choose […]
The due date for U.S. Individual Income Tax Returns (Forms 1040) is April 15 (filing and extension deadlines for other return types are available on the e-Filing – Return Due Dates and Deadlines FAQ). Note. If your area has been declared a federal disaster area, check the IRS Tax Relief in Disaster Situations webpage for more […]
