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You can prepare as many tax returns as needed, however, you can only E-file up to 5 Federal returns. After that, you can print and mail any additional returns. If you have more than one state attached to your federal return, up to three (3) of them can be e-filed. For further information regarding this, you can go to the TurboTax Community page and search for the article titled "How many returns can I e-file in the TurboTax CD/Download software?"
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