You'll need to sign in or create an account to connect with an expert.
Where are you importing from? A TXF file would be generated by either accounting software or brokers that don't partner with Turbotax. If a broker partners with Turbotax there is no TXF file. It's a direct transfer from the broker into Turbotax. Thru the step file > import>from financial institution. The FI will not have the electronic transfer file ready until towards the end of January or later in 2025.
as to why you're having issues with aTXF, perhaps the data is inconsistent or incomplete. you can actually open the file with MS Word or Wordpad. There is probably a similar app for MACs
I tried and import from Quicken and did not have the issue you're experiencing
The problem is that I need to know the format for investment type.
Brokers does not include the cost basis for the past 15 years, making it worse than manually creating the TXF file with https://easytxf.com/ where I have to review every single transaction imported to select investment type = bond.
I could create the file myself if I knew the format required. I've asked TurboTax for years, and they never would tell me.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Ginga Ninja
New Member
ETRADECO7579
New Member
vrouse
Level 1
qDnUGBXBzv4s
Level 2
hackmanjeff
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.