Should TT 2023 Home and Business recognize Tax Schedule.TXF created by Quicken Business & Personal for Windows?

[Klozaw]

Trying to import Schedule C and other info from Quicken Business and Personal Ver R54.16 build 27.1.54.16 for windows. 

1st chose Quicken (2023, 2022, 2021) to import from -->select my Quicken Data File--> then TaxSchedule RESULT: "The import file is not a TXF file!"

2nd try: chose Other Financial Software (TXF file) --> same result "The import file is not a TXF file!"

Importing was so easy in the past. How does one import into TT Home and Business 2023 for Windows WinPerRelease xxx.xxx.xxxx ??

[CatinaT1]

Yes. I believe this was resolved in a recent update.

Try closing TurboTax, clear your Cache and Cookies if you are using TurboTax Online, and reopen TurboTax.  You can also try a different browser.

Also, make sure you have ran all updates. 

If using TurboTax Online: Clear your cache and cookies. See this FAQ, for your particular browser.

If using TurboTax Desktop: Please see this FAQ.

[KLozaw1]

I'm actually using the desktop version. Even so I decided to clear my browsing history and caches. I also up

While I was able to import 1099 from my financial institution I am still unable to import from QUICKEN

When I attempt this it takes me to Quicken, asks me my password, opens, gathers my tax data. When click on the TaxSchedule radio button and click "import now" it thinks a bit then says a small window pops up and says "The import file is not a TXF file!"

This is frustrating at there are 8 pages of tax data on the Tax Schedule I print out from Quicken.

What now?

Thanks, Kevin

[CatinaT1]

It appears you need to look under Reports in Quicken.  

Under Reports> Tax> Tax Schedule   

The icon next to the printer when hovering over it says Export Report Data to Different Formats.   

There is an option for Report to Tax Export File (TXF).   

[KLozaw1]

I just attempted the "Reporting to Tax Export File" approach. Same error. Is there a repair function in TT and Quicken I can run?

[cshiv]

I am having the same issue and cant find an alternate solution. I am using latest Quicken R54.16 and Turbotax Deluxe. Neither Import from Quicken or import from Quicken Exported .txf file works. HELP!

[cshiv]

Also, I can import "CapGains" directly from Quicken with no issues. Seems like a bug with "TaxSchedule" import only... (oh yes, and Turbotax is at he latest update level "WinPerRelease 023.000.0435.

Thanks in advance for any help.

[PatriciaV]

You might post your question to the QuickBooks support forum here: https://community.intuit.com/quickbooks-online. 

Other QuickBooks users may have a solution posted there.

[KLozaw1]

I don't understand. Are you suggesting I ask this question of Quickbook users? 

Because I am using Quicken.

Please clarify

[cshiv]

No I am using Quicken Deluxe with TurboTax Deluxe...both are windows desktop versions. I have also asked the question in the TurboTax Deluxe thread. This just seemed like the same issue.

[CatinaT1]

Please check with the Quicken Community: https://community.quicken.com/

[KLozaw1]

I'm trying to import the 2023Tax Schedule from Quicken Business and Personal Ver R54.16 build 27.1.54.16 for windows into TT 2023 Home & Business WinPerRelease Ver 023.0435

I tried after updating TT this morning. It did NOT WORK when importing 2023 tax information.

On a whim I tried importing the current YTD 2024 information. 2024 imported without issue.

So there is a BUG in here somewhere.

Here is what I got when I tried to import 2023 info. Remember, 2024's YTD imported fine:

1st try chose Quicken (2023, 2022, 2021) to import from -->select my Quicken Data File--> then TaxSchedule RESULT: "The import file is not a TXF file!"

2nd try: chose Other Financial Software (TXF file) --> same result "The import file is not a TXF file!"

Is TurboTax aware of this issue? Is there a fix coming? Does anyone have a work around?

[CatinaT1]

Please contact the Quicken Community: https://community.quicken.com/

[KLozaw1]

I have now done that. However, I don't understand why TurboTax isn't intersted in this issue.

Ever since TT and Quicken split the product and the customer service has declined precipitously at each company.

[AnnetteB6]

In order to advance a current investigation into this issue we are asking if you would be willing to provide a sanitized copy of your Quicken .TXF file you are trying to import.  

The sanitized file should be emailed to ttax@intuit.com with a reference to INV-28640.

See the instructions in the link below to create the sanitized data file:

Quicken - What is a "sanitized file"?

@Klozaw 

@KLozaw1 

@cshiv