Importing from a Quicken .txf file

Although you can import data from Quicken 2011 or later directly into TurboTax for Windows without creating a .txf file, you'll need to import from the .txf file in certain situations. These include:

• Importing Quicken 2010 or earlier data into TurboTax for Windows;
• Importing Quicken data into TurboTax for Mac;
• If Quicken and TurboTax are on different computers;
• Problems with direct Quicken import in TurboTax for Windows.

More info about importing from Quicken .txf files:

• Quicken import is supported by CD/Download software versions of TurboTax Basic, Deluxe, Premier, and Home & Business for both Windows and Mac.
  • TurboTax Online and TurboTax Business do not support Quicken import.
• TurboTax does not support import .txf (tax exchange file) files for Employee Stock Purchase Plan (ESPP) sales. These must be manually entered into TurboTax.
• You must create a separate .txf file for capital gains (other than ESPP sales) so you can import this information into Schedule D in TurboTax.

1. Open Quicken and follow the directions on the Quicken support site to create the .txf file.
2. Open TurboTax. From the TurboTax File menu, select Import > From Accounting Software (Windows), or Import>From TXF Files (Mac).
3. For Windows, select Other Financial Software (TXF file) from the list, and then select Continue.
4. For Mac, select Choose a TXF Flie...
5. Select the file you want to import. (If you don't see the file in the list, select Browse To Find File or Browse. Select the file from the location where you stored it, and then select Open or Choose.)
6. Click Import Now or Continue.
7. Select the information you want to import into TurboTax, and then select Import Now.