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emgreene2
Returning Member

How do i use tags in turbotax home & business to separate schedule c info?

I have two separate business each one tagged with a business tag
how do import into turbtax home & business using those tags to separate income & expenses to the appropriate schedule c
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2 Replies
Carl
Level 15

How do i use tags in turbotax home & business to separate schedule c info?

I'm not sure, but I don't think that's possible. If you have two SCH C businesses, then I would expect you to have two completely separate company files - one file for each business.

All I've ever imported from Quickbooks has been my 3 rental properties (all recorded on one SCH E) and one SCH C business. But if you have two SCH C businesses in one company file, I don't think it's possible to separate them on import. Hopefully I"m wrong and someone else will jump in here.

How do i use tags in turbotax home & business to separate schedule c info?

Do you mean tags in Quicken?  I think it should work.

 

How to transfer Quicken tax data to Turbo Tax

Turbo Tax article

https://ttlc.intuit.com/community/entering-importing/help/how-do-i-import-from-quicken-into-turbotax...

 

Quicken article.  You can only to Turbo Tax Desktop program.

https://www.quicken.com/support/how-transfer-tax-information-quicken-turbotax

 

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