How does TurboTax assist users with prior year returns?

TurboTax assists users with prior year returns by allowing them to import previous tax returns for reference. This feature is particularly beneficial as it enables users to easily access their past financial information, helping them maintain consistency in their filings and ensuring that no critical information is overlooked. Importing previous returns can streamline the process of completing the current year's tax return, as it can pre-fill relevant data and remind users of deductions and credits they might have previously utilized.

Additionally, having access to prior year returns can guide users in understanding their filing history and any changes in income or deductions that may impact their current tax situation. This access is invaluable for users who want to maximize their tax benefits and avoid errors.

Other options, while they may seem relevant, do not precisely address how TurboTax interacts with prior year returns. For instance, lower filing fees and suggestions for deductions do not directly relate to the process of handling past returns, and providing a section for estimated future earnings is a forward-looking feature not focused on prior years.