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Importing from Quicken to TaxCut.

 

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Subject Author Date
Importing from Quicken to TaxCut. PeterL 03-31-2008
Posted by Ernie Klein on April 1, 2008, 1:11 pm
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In article

> > In misc.taxes.moderated, Dick Adams wrote:
> >
> >
> > >> Previously I saved my capital gains reports from Quicken
> > >> on .txf files, and TaxCut was able to import from .txf
> > >> files.  This year for some reason I am no longer able to
> > >> import from .txf files, only from .qdf files.
> >
> > Really? File > Import Financial Information does not accept a QIF
> > file?
> >
>
> I am looking for txf file import, which previous versions supported.
> Using Quicken I save my capital gains report in a txf file. But since
> TaxCut won't accept txf files I am stuck having to enter each
> transaction by hand.

What kind of file does TaxCut accept? (I have never used TaxCut so I
don't know).

Quicken (at least the 2006 version I am using) can export the Cap. Gains
report in TurboTax (txf) format, plain text (txt) format, and MS Excel
(xls) format.

Perhaps TC can accept one of these formats or a bit of processing with a
global text editor can change the txt file into a space or comma
delimited file.

--
-Ernie-

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Posted by DF2 on April 1, 2008, 3:09 pm
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In misc.taxes.moderated, DF2 wrote:

>
>Really? File > Import Financial Information does not accept a QIF
>file?

Typo.... I meant to write File > Import Financial Information does
not accept a TXF file?

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>

Posted by PeterL on April 1, 2008, 11:40 am
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On Mar 31, 5:38 pm, rdad...@panix.com (Dick Adams) wrote:
> > Previously I saved my capital gains reports from Quicken
> > on .txf files, and TaxCut was able to import from .txf
> > files.  This year for some reason I am no longer able to
> > import from .txf files, only from .qdf files.  .qdf files
> > give me all kinds of useless information.  Apparently the
> > only other option is to hand enter all my stock transactions.  
>
> > This is most stupid.  I want my .txf files back!!!
>
> > Anyone found a work around?
>
> Your best answer will come from the tech support gang
> at TaxCut.
>
> Dick
>
> --

The tech support gang said that I need to enter each transaction by
hand. If that's the best answer guess which tax program I will be
buying next year.

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>

Posted by njoracle on April 1, 2008, 6:44 pm
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PeterL wrote:
> On Mar 31, 5:38 pm, rdad...@panix.com (Dick Adams) wrote:
>>> Previously I saved my capital gains reports from Quicken
>>> on .txf files, and TaxCut was able to import from .txf
>>> files. This year for some reason I am no longer able to
>>> import from .txf files, only from .qdf files. .qdf files
>>> give me all kinds of useless information. Apparently the
>>> only other option is to hand enter all my stock transactions.
>>> This is most stupid. I want my .txf files back!!!
>>> Anyone found a work around?
>> Your best answer will come from the tech support gang
>> at TaxCut.
>>
>> Dick
>>
>> --
>
> The tech support gang said that I need to enter each transaction by
> hand. If that's the best answer guess which tax program I will be
> buying next year.
>

I have quicken 2008 and export my capital gains to a .txf file. In
Quicken 2008 - ReportsTaxCapital GainsExport Data and select "Report
to Tax Export File. This gives you the opportunity to save all your
capital transactions as a .txf ( Iassume early versions of Quicken work
the same way)

In Taxcut, select ImportQuicken and enter the file name you saved above.

I have personally done that and filed electronically on 3/13 and had my
refund credited to my checking account on 3/28 so I know it works.

If Taxcut won't let you import a .txf file using the above procedures,
than you may want to re-install the program

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>

Posted by John Beurket on April 1, 2008, 6:44 pm
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PeterL wrote:
> On Mar 31, 5:38 pm, rdad...@panix.com (Dick Adams) wrote:
>>> Previously I saved my capital gains reports from Quicken
>>> on .txf files, and TaxCut was able to import from .txf
>>> files. This year for some reason I am no longer able to
>>> import from .txf files, only from .qdf files. .qdf files
>>> give me all kinds of useless information. Apparently the
>>> only other option is to hand enter all my stock transactions.
>>> This is most stupid. I want my .txf files back!!!
>>> Anyone found a work around?
>> Your best answer will come from the tech support gang
>> at TaxCut.
>>
>> Dick
>>
>> --
>
> The tech support gang said that I need to enter each transaction by
> hand. If that's the best answer guess which tax program I will be
> buying next year.
>
Nonsense: Use the "Other program..." option of TaxCut. It worked for me.

John B.

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>

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