What is a T16 File Type?
When you start a tax return using a software program, you can choose to import data from a previous year, either from your H& account, Bloc R or d' another tax service such as TurboTax or TaxAct. If you do not have information to import, you will be asked to enter your basic information and social security number. It then guides you as you add other tax information, including any life changes in 2016, income, adjustments, deductions and credits at the federal and state levels.
When you register, the program creates a T16 file to store your information. It allows you to save your progress and resume at a later date. Once you have completed your tax return, you can electronically transmit it directly from the H & Block software or print and mail the return to the appropriate tax authorities.
File extension attached to the H& tax returns; Block indicates the year of filing. T16 stores information for the 2016 tax returns, T15 stores information for the 2015 tax returns, T14 stores information for the 2014 tax returns, etc.
The T16 can also be used to create a backup of files; a tax return for archiving purposes. To create a backup in Tax Software select File → Backup Tax Return...