topic Re: Correcting deduction imported from Quicken in Get your taxes done using TurboTax

Correcting deduction imported from Quicken

mengbrock11838 — Tue, 10 Jan 2023 16:33:30 GMT

Turbo Tax imported data from my Quicken account.

For Property Tax the imported amount for my "Main Home" is the total of my Main Home property tax PLUS the property tax on some other property. I would like to correct this but cannot edit the amount in Main Home field.

How do I fix this ??

Re: Correcting deduction imported from Quicken

Anonymous_ — Tue, 10 Jan 2023 17:17:30 GMT

You might have to delete the imported data entirely and enter the figures manually.

You can contact Support, otherwise.

What is the TurboTax phone number? (intuit.com)

Re: Correcting deduction imported from Quicken

Critter-3 — Tue, 10 Jan 2023 17:30:30 GMT

If this is all going on the Federal return Sch A then it makes no difference. If makes a difference on the state return you should be able to adjust things when you do the state interview. If the total needs to be split up on different forms like the Sch E & Sch A then deleting the entry and making seprate entries in the correct places will be what needs to be done.

Re: Correcting deduction imported from Quicken

mengbrock11838 — Wed, 11 Jan 2023 21:33:08 GMT

Thanks

Looks like deleting and re-loading without adding Property Tax, or Medical or withholding is the answer

HEY TURBO TAX. You should make downloaded data from Quicken editable.

Re: Correcting deduction imported from Quicken

Critter-3 — Wed, 11 Jan 2023 21:42:27 GMT

Quicken was sold to H.I.G. Capital over 6 years ago and has no relationship to TurboTax or Intuit any longer ... so contact them for improvements.

Here's a link to the Quicken support:
https://www.quicken.com/support#windows

Re: Correcting deduction imported from Quicken

mengbrock11838 — Thu, 12 Jan 2023 02:23:48 GMT

Don't want to get into a disagreement but the problem I pointed out lies with Turbo Tax

I used the import function in Turbo Tax to bring over my Quicken data. Now Quicken data or any home finance software can end up with minor differences from the real results. i.e the software may be off a few cents on home interest from the actual amount provided by the mortgage company so you should be able to modify/correct the amount in Turbo Tax.

I used Turbo Tax for years and then went to H&R Block for the last 5-6 years. I would also import the Quicken data and the various 1099's into H&R Block and would then check/correct any minor problems. Now I don't think the IRS would complain if I was off a dollar on my return compared to the "official " 1099 but I would also like to make everything agree.

So YES I think my request is to TurboTax not Quicken. TurboTax should allow changes to imported data.

In a few weeks when I import my 1099's am I going to end up with double amounts since that data is also in the Quicken import.