How to upload TurboTax.txf files into TuroTax Schedule K-1, Form 1065

[davidmloch]

I set up an account with Invesco to download copies of Schedule K-1 Form 1065 for ticker UUP. I also downloaded a file named TurboTax.txf. How to upload this file into TurboTax Schedule K-1, Form 1065?  Thank you.

[SForrestLO]

Please see these help articles for assistance. 

How do I claim the Qualified Business Income Deduction as a Schedule K-1 Recipient?

Where do I enter a Schedule K-1 that I received?

[baluscher]

I don't see an answer that addresses the specific question, how to import TXF file with K-1 informationinto turbotax.  It was possible to import last year, I don't see a prompt for that this year.

[DoninGA · Accepted solution]

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@baluscher wrote:

I don't see an answer that addresses the specific question, how to import TXF file with K-1 informationinto turbotax.  It was possible to import last year, I don't see a prompt for that this year.

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To import a TXF file -

Click on the File menu at the top left of the desktop program screen.

Click on Import>From Accounting Software

Choose Other Financial Software (TXF file)

[baluscher]

Thank you.  So simple.

[kjmusick]

I downloaded the turbotax.txf file from my investment website into the download folder on my desktop.  When browsing for file, Turbo Tax says it cannot find information to import.  What can I try next?

[CarissaM]

Are you using the desktop or online version? @kjmusick 

[BJK2]

I have the same question. How do I upload a TurboTax.txf file and I am using the online version.

[Katina S]

Here is how you can transfer your .txf file from your desktop to your online TurboTax return.  Be sure you are starting with a fresh return, otherwise you may need to clear and start over  for this process to work best for you.

@BJK2 

[mpsparta]

The solution reported is for the desktop version only. You can not import .txf files, or any format of 1065 K-1 files, in the online version. I spent a couple of hours with a specialist figuring that out.  Bought the desktop version and everything was fast and efficient.

[CarissaM]

We are happy to hear everything was able to work for you. 

Please let us know if we can assist you further.