Import Itemized Deductions from Prior Year for Comparison

If you import your previous year's tax data into the current year return, any itemized deduction amounts will also transfer for comparison to the current year's amounts. This will occur even if you used the standard deduction in the prior year. These amounts are not totaled together to calculate the amount for the Standard or Itemized deductions line on the worksheet. They are included for informational purposes only.

Categories that transfer include the following:

  • medical and dental expenses
  • taxes
  • interest
  • contributions
  • casualty and theft losses
  • other deductions

In the same manner, if you entered information in the current year for any of these itemized deductions, the amounts will also appear on the Prior Year Comparison (in the current year's column) even if the standard deduction is used on IRS Form 1040.

To view the prior year comparison:

  1. From within your TaxAct® return (Online or Desktop) click Review. On smaller devices, click in the upper left-hand corner, then select Review.
  2. Click Reports directly below Review 
  3. On the screen titled Would you like to compare this year's return to last year's, click Yes, let's run the comparison