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January 5, 2019
Question

How do I import my quickbooks online data into turbotax business desktop?

  • January 5, 2019
  • 12 replies
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12 replies

Rustler
January 5, 2019

that function is not available as I understand it

January 9, 2019

yikes.... Looks like I'm in trouble then... :(

January 10, 2019

I would like to add my name to the list of people wanting an answer on this question. It's completely unacceptable to me that two Intuit products can't communicate with each other in a meaningful way. Does Intuit not want or expect its QB customers to use Turbotax?

 

I read a set of instructions for how to set this up, and frankly it's an embarrassment. You are required to install QB desktop software with a trial license, then use a version of Internet Explorer that is so outdated it literally cannot be installed on any modern Windows OS, and this is mandatory to download your QB file to the desktop software. Then and ONLY then can you export your file to Turbotax. I can't even...

January 12, 2019

every year we wait for this functionality...

TurboTax even avoids the issue in their help

Completely unacceptable!

 

January 12, 2019

If you have an accountant user who does taxes they can import the QBO data into Proseries, the intuit tax prep program for accountants.  It would be nice to be able to link QBO with Turbotax for people who want to do their taxes themselves, but really it's not all that much to manually enter.  For schedule C filers, it's just the P&L for the year, which is what, maybe 20 numbers

February 13, 2019

You don't!  

March 1, 2019

I got to say that I am surprised there is still this issues. 15 years ago I built a team to do tax software conversions between different tax package used by professionals. It turns out that most thought is was a good idea to encrypt their databases to make it almost impossible for one to access their own data except with the manufactures software. Seems this model persists.

 

Who is working on a solution for this. My guess is not for 2018 tax reporting.

 

Henry

April 9, 2019

I spent my entire year detailing hundreds of expenses in QuickBooks making sure that there were receipts and that everything was categorized properly. Then this week I go to file my taxes with TurboTax and I have to manually enter in all of the data again. I literally thought that was the sole purpose of QuickBooks was tax preparation functionality. I'd like to request that the development team focus the next eight months to make this problem solved by 2019 tax year.

April 9, 2019

Hi there, @Bittiker1,

 

I appreciate you sharing your thoughts and feedback about this. Allow me to chime in and share some information about importing your Quickbooks Online data into TurboTax business desktop.

 

Being able to transfer your data without manually doing it is a great preference we'd like to have in our program. While this preference is currently unavailable, I suggest checking for a third-party app that could help export your data to TurboTax.

 

I've already taken note of your request, rest assured I will update you in this thread once this preference is available for our users.

 

Should you have additional questions about migrating or anything else QuickBooks related, please let me know by leaving a comment below. I'll glad to help you get back on track. Have a good day.

April 15, 2019

The only reason i bought Quickbooks this year and paid people to help me learn and get the information organized was so i could import it into turbo tax and be done quickly. 

Now i realize i could have stuck with my excel spreadsheets and old method and saved thousands by not using your product?????This is embarrassing for me and you. Count me out using your crap products ever again. I will do my best to ensure as many people as possible know about this. What a load of crap. Never again intuit!!!

August 19, 2019

The solution is, like most things in business, you have to pay for the integration.

 

'To 'Intuit' or not to 'Intuit'... that is the question'.  Sadly, Intuit has been buying up the competition.

 

https://fitsmallbusiness.com/best-tax-software-for-tax-preparers/

 

Lacerte by Intuit is the best overall tax software for tax preparers. Lacerte’s base price starts at $447 and goes up depending on your customized needs. Lacerte has more features and digital integrations compared to other tax software. For example, Lacerte can import data from the desktop and online versions of QuickBooks as well as practice management software like OfficeTools. No other product on our list integrates with all three of these programs.

 

ProConnect Tax Online is best for accountants whose clients use QuickBooks Online or QuickBooks Self-Employed. That’s because ProConnect Tax Online integrates very tightly with QuickBooks Online Accountant. ProConnect Tax Online has pay-per-return pricing ($20.95 to $54.95) with no annual fee. ProConnect can import Excel files and download clients’ 1099 data from financial institutions.

ProConnect Tax Online Pricing

ProConnect Tax Online has a pay-per-return pricing model. Accountants pay just for the returns they need: $43.95 for individual returns or $54.95 for business entity returns. Discounts are available for pre-purchasing tax returns in bulk. Unlike Drake, Lacerte, or ProSeries, ProConnect Tax Online does not have an annual or one-time fee.

 

Unfortunately, these are now both Intuit products.

 

To get something else, probably just easier to get a CPA - their pro products can import the QB Online data and build the return for you.

September 1, 2019

This is really ridiculous. Let's see when this will be fixed...

September 10, 2019

What a ridiculous problem- all software from the same company. This is why I bought turbotax and use QBO. Terrible software. 

January 15, 2020

It did last year. For some reason it won't do it this year. Why do I pay for a dual subscription then? Really annoying. Started my taxes and Turbo tax doesn't even ask about most of my deductions. 

March 16, 2020

I have 3 seperate companies and have been using Quickbooks Online for many years now. I was advised to switch from Quickbooks Desktop version to Quickbooks Online by Intuit, because of the inability for it to update when using multiple machines. I knew it would be more expensive in the long run, but made the switch. I was using Turbo Tax at the time and did not realize that QBO was not compatible. A year ago I stumbled upon this thread and have been following along silently, waiting for a solution.

 

'theaccountableartist' said it perfectly, direct and very professional in their post. This individual even addressed a Quickbooks Team Member that previously concluded, "if you need anything else. I'm here to continue helping...". Why no response to his post, Quickbooks Team Members?

 

I am Pro-Advisor (only because I have 3 seperate Quickbook Online Accounts) and spoke with another Intuit Pro-Advisor staff member and he came to the same conclusion that 'theaccountableartist' suggested. You need to generate Profit & Loss statements and manually enter that data into Turbo Tax. It will get the job done, but is not a solution to the problem and is time-consuming. Not to mention, no Quickbooks Team Member has managed to suggest generating P&L statements. The Trial Desktop/Export 'solution' does NOT work anymore, because of the lack of support for IE. This is a serious problem for us QBO users that has not been fully addressed by Intuit. 

 

Why has Intuit not implemented an actual solution yet or at least indicated that it's something currently being worked on?

MaryLandT
March 16, 2020

Hi there, visionbranded,

 

I appreciate you sharing what you have experienced with our QuickBooks Online product. And, how you want the importing process to be available.

 

The current option is to transfer your data to QuickBooks Desktop, then import them to TurboTax.

 

While we haven't received reports about this feature being implemented, I suggest checking out the Product Updates link. It will tell you what's new and coming in QuickBooks to keep you updated.

 

Thank you for joining this thread. Don't hesitate to post again if there's anything else I can help you. I'm always around to help you out.

April 12, 2020

It is truly reprehensible that it has been over a year since the OP asked his question and a straightforward solution has yet to be implemented within Quickbooks. Not only that, but now the ONLY workaround of transferring the data to a trial of QBDT no longer works!! Internet Explorer is a joke and Quickbooks is quickly heading down the same exact path!

July 15, 2020

Lie everyone else has found, there is no TurboTax integration. I too was enticed into QBonline, wasted an entire day setting it all up, downloading from Quicken, and my bank, catigorizing, and prepping for taxes that are due soon! 

then did the same thing when I discovered the issues and tried to move everything to QB Self Employed, which won’t work either. 

I gave up on QB and went back to Quicken Home and Business Desktop.

 

call customer service!!  I demanded a refund on the crap products, and got it.