What is a .TT18 file?
A .TT18 file is a special type of file that is made by a program called TurboTax Canada, but specifically the version from the year 2018. This program is designed to help people in Canada prepare and file their taxes with the government. The ".TT18" at the end of a file name tells you that the file is a tax return for the year 2018 that was prepared using TurboTax Canada.
Inside a .TT18 file, there is important information related to taxes. This includes details about the taxes that need to be paid to both the Canadian federal government and the provincial government, depending on where the person lives in Canada. It also has personal information that the user has entered into TurboTax, like their income, deductions, and credits that can affect how much tax needs to be paid.
These .TT18 files are usually made and used during tax season in Canada, which is typically from January to April of the year following the tax year; so for 2018 tax returns, they would be most commonly created and used between January and April of 2019. This is the time when Canadians are preparing and filing their taxes for the previous year.
To open a .TT18 file, you need to use the TurboTax Canada program from Intuit Canada, but specifically, the 2018 version of the software. This is because the file format is designed to work with that year's version of the program, and newer or older versions might not be able to open the file correctly. TurboTax Canada helps users by guiding them through the process of opening, editing, and filing their .TT18 tax return files with the Canadian tax authorities.
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