Re: Import TurboTax into Quicken

On 03/06/23 5:00 PM, Jeffrey wrote:
> On Sunday, March 5, 2023 at 10:54:36 AM UTC-6, Jeffrey wrote:
>> On Sunday, March 5, 2023 at 10:41:38 AM UTC-6, John Pollard wrote:
>>> On Saturday, March 4, 2023 at 4:37:38 PM UTC-6, Jeffrey wrote:
>>>
>>>> Has anyone tried to import TurboTax 2022 into Quicken without getting any errors.
>>> I don't use TurboTax.
>>>> I have gotten Error 2 & 5.
>>> You're not alone: https://tinyurl.com/bd6n9swc
>> Thanks John.
>> I will do a Report a Problem via Quicken and possibly do a Chat just to see what Support says.
>> Since it is a new month they (Quicken) should be sending out a new update any day now.
>> Maybe they will apply a fix to it.
> 
> Well here is an update.
> Just got through with almost a 2 hour Chat.
> A lot of the time was spent waiting the the Support person to pass along the info I gave him to whomever he was talking to.
> I gave them a screenshot of the error(s).
> I set up a new Quicken file which also produced the same error(s).
> At one point I had to tell him the process of importing the file from within Quicken.
> I wondered if he even used Quicken by some of the questions he was asking.
> At one point he asked me to upload a TurboTax file.
> I said no way. Not even a phoney file.
> I said Quicken and TurboTax (Intuit) have a should have a liaison and they should figure out the problem.
> I even gave him one of the url's that showed others with the same problem.
> Lets see what happens now.
> 
> 
A serious question, and I have asked this before, but I like to see 
anyone that might have differing answers.

The basic question - "Why do you upload anything from Quicken into 
TurboTax?"

The reason I ask is as follows:  Many (most now)? large firms (be it for 
W2s, 1099s (including 1099-Bs)) one can d/l directly from their website 
AND THE 1099 DATA supersedes whatever Quicken data you might have had in 
terms of what the IRS is expecting.

The largest hassle I have with Q (And to be honest, I haven't tried 
this) was for charitable contributions since TurboTax asks a lot of 
questions that I don't think can be imported directly from Q anyway 
because of the format that Q maintains vs. why TurboTax asks (MONEY, 
GOODS, AMOUNTs, etc.)

Anything that you receive in the mail from F/Is will always be more 
accurate as far as the IRS is concerned.

So what does uploading from Q buy you?  What am I missing.
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Regards -

- Andrew