topic Can Turbotax Home and Business import data from Turbotax Business? in Get your taxes done using TurboTax

Can Turbotax Home and Business import data from Turbotax Business?

mrmiata — Fri, 23 Aug 2019 21:18:13 GMT

Re: Can Turbotax Home and Business import data from Turbotax Business?

xmasbaby0 — Fri, 23 Aug 2019 21:32:54 GMT

No you cannot transfer or import data from Home and Business to TurboTax Business. TT Business is only for a business tax return; Home and Business is for a personal tax return.

Re: Can Turbotax Home and Business import data from Turbotax Business?

VolvoGirl — Fri, 23 Aug 2019 21:41:02 GMT

And not the other way around either - from Business to Home&Business.

You can not transfer or import between Business and any of the personal versions including the personal Home & Business version. So you can not transfer from Home&Business to Business or not the other way.

If you are trying to transfer a Business return, TurboTax will only transfer information from a return that uses the same main form like a 1065 to 1065 or 1120 to 1120.

Re: Can Turbotax Home and Business import data from Turbotax Business?

mrmiata — Sun, 25 Aug 2019 21:44:13 GMT

Thank you for the response. To clarify: I completed my sub-s corp return (I am the sole employee of my sub-s) using Turbotax Business and want to have Turbotax Home and Business import all the relevant info (K-1, W-2, profit/loss, etc) into my personal return.

I had to manually enter all the relevant info from T/T business into T/T personal when I feel there is or should be a way for that info to flow from the business product to the personal one.

Thanks again.

Sal.

Re: Can Turbotax Home and Business import data from Turbotax Business?

xmasbaby0 — Sun, 25 Aug 2019 21:53:33 GMT

No. You cannot transfer data from TurboTax Business to TurboTax Home and Business, even though you "feel" you should be able to. The software does not work that way.

But please call Customer Support and let them verify that for you.

To call TurboTax customer support

https://ttlc.intuit.com/questions/1899263-what-is-the-turbotax-phone-number

They are available from 5 a.m. to 5 p.m. Pacific time Monday - Friday.