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Hello ddell1,
Importing your tax info from other software products is an essential task and I'm here to help point you in the right direction. QuickBooks is a versatile program that puts your finances into perspective and it'd vital you get the support you need with this.
In QuickBooks, you can import certain data such as:
I encourage you to learn more about importing data using this link here. Here's how to enter historical tax payments in the program if you need to:
I'd also recommend looking into journal entries as they can also be used to reflect transactions in your books. To create a journal entry, click New (+) > Journal entry.
Let me know if this info helps. I'll be here if you need anything else.
I want to import income tax files from other tax software products into PROFILE T1, not Quickbooks. Can I do that?
Hi, thank you for using Intuit ProFile Community
ProFile Community has a carryforward article here. There are links to articles for various types of carryforwards on the page.
ProFile cannot open competitor files, only carryforward is available.
Hope this helps
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