Transfer or import information from last year's tax return

If you used TurboTax Free, Standard, Premier, or Home & Business, you can transfer personal information and unused credits from your 2022 TurboTax tax return into your 2023 return.

If you've used TurboTax Online before, sign in using the same ID and password you've used before.

I don't see the Welcome back! screen: If you don't get the Welcome Back screen, and you have a lot of information to transfer, you can try again. If you have multiple accounts, this may work best for you.

Go to Tools > Return Manager.

Click Create a New Return.

Under Choose a TurboTax Version, select the link for the version of TurboTax you want to use.

For the question "Did you use tax software last year?" select Yes and choose the type in the area that opens below.

If you used TurboTax Online, select that radio button and click Continue.

Click Yes, help me sign into my account and click Continue.

On the Get help signing in to your account screen, try re-entering your email address or user ID, or trying a different one (if you have multiple accounts). Click Continue.

The system will send an email to that email address so that you can log back in.
Note: If you no longer have access to this email, click the I no longer have access to this email link. The system will direct you to instructions for contacting support so you can update the email address associated with your account.
I used the TurboTax desktop version last year: For the question "Did you use tax software last year?" select Yes and choose the type in the area that opens below.

If you used the desktop version of TurboTax, select the TurboTax CD/Download radio button and click Continue.

At the Let's start with last year's return screen, click Choose File in the DRAG & DROP box and click Continue.

Navigate to your 2022 file (look for the .tt2022 extension for TurboTax files and .u2022 for UFile ones) and click Open.

Click Continue.

Continue processing your 2023 return as you normally would.

Why should I transfer information from last year's tax return?: Some amounts from the tax return you filed last year are required in this year's tax return. Many are deductions or credits that you couldn't use last year but may be able to use this year. Other transfer amounts are cumulative figures, such as your cumulative net investment loss balance.

If you used TurboTax to prepare your return last year, it's a good idea to automatically transfer this information, along with your personal information such as your name and address, instead of retyping it. Doing so means you won't have to review last year's tax return, saving you time and effort. It will also ensure that there are no typing errors in your carry forward amounts that could cause the CRA to reject your return.
What information is transferred?: All of your personal information and dependant information is transferred or imported from last year's return to the current one. Capital gains information is carried forward, as well as other tax information listed below.

Other information that is transferred or imported (and carried forward) includes:

Last year's GST rebate claim

Unused moving expenses

Unused charitable donations and gifts (if you used TurboTax last year)

Unused student loan interest (if you used TurboTax last year)

Unused tuition, education, and textbook amounts (if you used TurboTax last year)

Unused home office expenses (if you used TurboTax last year)

UCC - Undepreciated Capital Cost (if you used TurboTax last year)

If you used TurboTax last year, amounts from the following forms are also transferred:

T691 - Alternative minimum tax

CNIL - Form T936

Prior year investment expenses

Prior year investment income

LSVCC

FTC - Foreign Tax Credit Worksheet

Loss Worksheet

RPP Worksheet

RRSP Worksheet

T1139 Reserves

T2038 - Investment Tax Credits

T657 - Prior year capital gains deductions

HBP or LLP repayments

T2017 - Reserves on Dispositions of Capital Property
Can I merge two existing returns into one coupled return?: No. Once you have selected to prepare your returns separately, you cannot merge them. However, if you haven't reached the payment stage, you can use navigate back to Return Manager to create a new coupled return.
How do I enter carry forward amounts if I did not transfer last year's return?: If you are using the Interview to complete your tax return, it will ask for your carry-forward amounts as you work through it.

If you are using the Forms method to complete your tax return or you prefer to enter all your carried forward amounts at once, use Form CFP (Carry Forward).
How do I prepare to transfer information next year?: If you can, it's a good idea to leave last year's version of TurboTax installed on your computer. That way, you can easily check amounts in your tax return if you need to do so through the year. Next year, you will be able to transfer your information automatically, which will ensure that there are no typing errors in your carried forward amounts that could cause the CRA to reject your return.

If you do uninstall TurboTax, make sure you back up your tax return file (the name will end in .tt23) to removable media such as a CD-ROM or portable USB key. Store your backup with your tax records. Use this backup next year to transfer your information to your new tax return. Before uninstalling TurboTax, create a .pdf file of your return to easily view your return without having to install the software again.

Additionally, you could keep a copy of your tax return file on your hard drive in a place that you will remember, such as in My Documents. When you start the program for the first time, it searches My Documents for tax returns from last year and displays them, making it easy to transfer information from them.

For instructions on saving information see Save your information for next year.