Realizing that my 80+ year old father has to pay taxes, I'm entering into Quicken some of his transactions so I can export to TurboTax.
For his AARP Supplemental Health Insurance, I am creating a category for it. What Schedule A line item should I relate it to?
Quicken only has 2 lines for Schedule A-medical expenses. I put mine under Doctors, Dentists, hospitals. I don't know how TT will deal with that line.
TTax seems to handle this okay in the end. If you examine the flow of data within TTax, the info is first entered into a worksheet. The worksheet provides for entry of fine detail of medical expenses - a comprehensive breakdown of doctor expenses, hospital expenses, medical insurance premiums, etc.. These items then gets totaled and passed on to Sched A.
Importing from QW creates a single entry for much of this info - no detail of the breakdown. Have found the end result is ok as to what finds it's way to Sched A.
I do not import this info into TTax as I prefer to enter the details for future reference.
Thanks Laura and JM!
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