Transfer Quicken to Turbotax

Mar 08, 2006 9 Replies

I am interested in tracking my stock sales in Quicken so I can transfer them at year's end into Turbotax. Which version of Quicken is adequate for that. Do I need Quicken Premier or can Quicken Deluxe do that? Other aspects of transfer are not important.


This is, actually, a TTAX question ... not Quicken. TTAX reads the Quicken data file (.QDF extension) directly.

db

Well..... I'd say the question has enough of a quicken angle to qualify for inclusion in this group. But that's my opinion.

I think even Quicken Basic would fit the bill.

I don't think Basic allows investment tracking. As since Dankwart mentioned Stock sales I think he will need Premier!

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It can be had through eBay for less than $20.

Deluxe is sufficient.

Jay

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But can ALL versions of TTAX import Q investment transactions???

"Jay M Apple" wrote in news:KtydnTufVe491o3ZnZ2dnUVZ snipped-for-privacy@comcast.com:

Basic was always sufficient in the past. But I got a free copy of QW05 deluxe due to the change in d/l formats, and I believe ttax will only directly import from QW04 or newer. Otherwise you have to export a txf file, which in my experience is much more difficult than the direct import.

scott s. .

Another thing to remember is that TT can import investment info directly from many brokers. So Quicken may be unnecessary for that task.

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Yes, I just did the direct import from my broker. But it only imports the sales information, as it is reported to the IRS, not the buy information. Dankwart

I don't recall (and it may depend on the broker anyway), but does it report the amount of the gain or loss?

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