@tom_dvm
For as many years as TurboTax has bee around the following limitations on importing data have been consistent. Why can only be answered by Intuit Corporate personnel.
TXF Accounting Data Files are importable only into the TurboTax Personal Desktop software products.
TurboTax Personal (Premier, Home & Business) will import TXF from QuickBooks, Quicken rental manager, or other financial service providers that produce a TXF file.
TurboTax Business only supports imports from QuickBooks.
@DoninGA - that link for a FAQ that purportedly explains how to import TXF is no "404" Not Found.
@ronljames Assume you meant TXF see answer above.
@clayton787 TXFs from PTP (Publicly Traded Partnerships) are notoriously useless. When the "TaxSupportPackage" site reports a download TXF file is available, if you change the downloaded extension to ".TXT" and open with a text editor (NotePad, Write, Word) you will see the minimal and usually incomplete data elements. Ever since PTP processing has been available in TurboTax (capability added from Lacerte and Pro-Series) the fact has been that it is almost always best to manually transcribe the K-1 and K-3 data elements. The only significant enhancement that has been made was to support §199a Data (into line 20 and associated fields).
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