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Need help with Importing Excel (XLS) data into TurboTax 2005

My situation is this:

I do day-trading with ETrade and last year I had over 800 trades. I am aware that TurboTax 2005 allows auto-importing data directly from ETrade. The problem is this: It only imports the SELL information and not both the BUY & SELL info. So I would still need to manually enter half of the information for those 800+ transactions.

ETrade does allow one to download directly from ETrade both the BUY & SELL info but the file is in Excel (.XLS) format. I am aware that TurboTax 2005 does not import .XLS files. I also know that Quicken 2006 does not import Excel (.XLS) format either.

So, I thought about getting Quicken 2006 and using an "freeware" utility (XL2QIF) which converts .XLS files to .QIF format. As far as I understand, I can import a .QIF file into TurboTax 2005.

Will this then solve my problem and allow me to get all of the transactions into Turbotax 2005? Or am I missing something?

If anyone has a better idea or comments, please respond!

Thanks!

Reply to
M. B.
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Hey M.B.

Would you be interested in software that lets you create technical analysis charts on your trades. These are not charts on a stock price, these are actually candlestick charts that track the progress of your trades. If you're interested, let me know as we are looking for beta testers with large numbers of trades per year.. You can contact me at snipped-for-privacy@gmail.com

Thanks

M. B. wrote:

Reply to
HSanti

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