“I have my tax returns file in my computer using the Turbotax Deluxe purchased and installed last year for my 2019 returns. Does the program updated for 2020 to be able for me to use it for my 2020 tax returns?”
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After you install & launch TurboTax 2020 to begin your tax return, it will automatically transfer over all data from last year's return that will apply to this year's, such as name, address, SSN, dependents, any loss carryovers, etc. You will see the information as you go through the return preparation & as it asks you questions. You will also be able to update any information that may have changed during the year such as your address.
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