TAX2018 File – What is .tax2018 file and how to open it?
TAX2018 File Extension
TurboTax 2018 Tax Return – file format by Intuit
TAX2018 is a file extension used by TurboTax 2018, a tax preparation software developed by Intuit. It stores tax return data, including personal information, income, deductions, and tax calculations.
TAX2018 File Format
A TAX2018 file is a TurboTax 2018 Tax Return file created using Intuit’s TurboTax software. It contains all the necessary information for filing a tax return, including personal data, income, deductions, and credits. TAX2018 files are used to store and exchange tax return data between TurboTax and the Internal Revenue Service (IRS).
The TAX2018 file format is XML-based and follows a specific schema defined by Intuit. This schema ensures that all TurboTax 2018 tax returns are consistent and can be easily processed by the IRS. The TAX2018 file format is also encrypted to protect taxpayer data from unauthorized access.
Opening TAX2018 Files
TurboTax 2018 Tax Return files, with the .TAX2018 extension, are created using the TurboTax tax preparation software. To open these files, you need to have TurboTax 2018 installed on your computer. Once you have installed TurboTax 2018, you can open a .TAX2018 file by double-clicking on it. TurboTax will automatically launch and open the file.
If you do not have TurboTax 2018 installed on your computer, you can download a free trial version from the Intuit website. Once you have downloaded the trial version, you can install it on your computer and open the .TAX2018 file. However, you will not be able to save any changes you make to the file unless you purchase a full version of TurboTax 2018.
File Format and Usage
The TAX2018 file is a data file created by TurboTax, a popular tax preparation software package developed by Intuit. This file stores detailed tax information, including income, deductions, credits, and other relevant data, pertaining to a specific tax year. The .TAX2018 extension indicates that the file is compatible with TurboTax 2018, the version of the software released in 2018. The file enables users to access and modify their tax returns within the TurboTax software.
Compatibility and Opening
TAX2018 files can be opened and edited exclusively using TurboTax 2018 or a later version of the software. Compatibility with other tax preparation software is limited, as the file format is proprietary to Intuit. To open a TAX2018 file, users must have TurboTax 2018 or a newer version installed on their computer. Alternatively, they can use the TurboTax Online platform to access and modify their return if they have saved it online. It is important to note that opening a TAX2018 file in a later version of TurboTax may cause compatibility issues, and users are advised to upgrade their TurboTax software to the latest version to ensure seamless file handling.