topic Quicken to TurboTax importing problem in Get your taxes done using TurboTax

Quicken to TurboTax importing problem

wilwilk46 — Tue, 22 Dec 2020 16:39:32 GMT

When importing Quicken to TurboTax, most info imports properly but pension income does not. The tax line assignment (1099-R: Total pension taxable dist.) appears to be correct. What could be wrong?

Re: Quicken to TurboTax importing problem

Critter-3 — Tue, 22 Dec 2020 17:02:33 GMT

What you enter each month in the Quicken program is not necessarily what will be on the 1099-R so you must wait for the 1099-R before entering in that information OR import from the retirement plan directly. Don't expect quicken to have the correct info to import.

Re: Quicken to TurboTax importing problem

wilwilk46 — Tue, 22 Dec 2020 17:12:31 GMT

Thanks for your comments. I am just estimating taxes at this point, so would still like to import the Quicken data. I plan to update it later when my 1099-R becomes available.

Re: Quicken to TurboTax importing problem

Critter-3 — Tue, 22 Dec 2020 17:17:10 GMT

The 1099-R section is currently non functional ... if you are using the downloaded version you can switch to the forms mode and make a direct entry.

Re: Quicken to TurboTax importing problem

fanfare — Wed, 23 Dec 2020 15:56:48 GMT

When you use Quicken you have to make do with what it gives you.

Important to cross check the results against your actual tax documents (expected or in-hand).