Intuit sold me on this Quickbooks online, now I can't import to Turbo tax business. Is there a way I can do this?

@TruckingM 

You need to convert data to QB Desktop file as the first step.

I've had a similar experience to TruckingM's.  On October 12, 2023 the QuickBooks (QB) sales team redirected me to their QB Online Specialist Chris.  I told him that my primary concern before upgrading to QB Online was the compatibility between QB Online and TurboTax, specifically "Can my 3 QuickBooks Online Company data files be imported into my TurboTax Home & Business software?  He replied absolutely compatible!

Having seen lately some grumbling on the internet to the contrary, such as TruckingM's post, today I spent 5 hours calling multiple QuickBooks & TurboTax departments seeking the actual truth instead of accepting the speculative opinions I had gotten for most of the day.  I still don't know real skinny.

I know there are a lot of us out there in the same boat.  At this point with only 17 days left before filing, if anyone knows of a work-a-round, please share.  Don't want to have to file an extension.

@Greg_CS 

You need to convert data to QB Desktop file as the first step. You can use the trial version of QB Desktop 2021 or a newer one to proceed.

Correct, this is what I had to do, but why??? And the conversion is terrible. It doesn't transfer all the data. Shame on Intuit for forcing this switch to Online from desktop version when this feature is a highly requested option.

@TruckingM 

Consider switching back to QB Desktop if you still prefer to use TurboTax Desktop for the time being.

Wrong answer for a lot of people 4Gal.  For many, TurboTax Desktop is not a preference but a requirement if you're an S-Corp.

@whopkins85 

Wrong answer? Which one?

I didn't say to ditch TurboTax Desktop if you have no other choice.

Thanks for this - Do you happen to know how long until TurboTax desktop recognizes the QB desktop version? I downloaded it, all my data is flowing. However, back in TurboTax.. it isn't recognizing QB desktop. I tried closing and re-opening. 

Its crazy they dont sync easier.. 

Hello there, Kathleen.

I recognize how important it is to import your QuickBooks data into your TurboTax desktop. Let me assist you in handling this correctly so you can import them easily.

These are some things to prepare before you import your data:

• QuickBooks should be installed on the same local drive as TurboTax needs to be registered. It's not recommended to store any of the applications separately.
• You'll need to run QuickBooks with Administrator access.
• You'll need to open the .qbw file at least once in single-user mode on the computer used for import.
• If you're using QuickBooks Mac, you'll need to convert it to Windows type before importing.
• Ensure to update your QuickBooks data before importing so your books match your tax return.
• Ensure that you're using QuickBooks 2019 and newer versions to continue importing.

You can check this article to learn more details about importing your QuickBooks data to TurboTax: How do I import QuickBooks into TurboTax Desktop for Windows?

Furthermore, you can also consider posting your concerns on the TurboTax Community page. Their support has the right tools to assist you with the integration of QuickBooks Desktop and TurboTax.

Let me know if you have additional concerns besides importing your QuickBooks Desktop data to TurboTax Business. I'm always here to assist you.

@kathleentsullivan 

Which QB Desktop year version do you have?

I'm not 100% sure.. i was in the online version, went to settings and chose to download desktop version. In it, there was an option for taxes, but when I clicked, it then opened Chrome back up to login online. Its like stuck in a circle. 

As of right now, I've already manually entered my activity into turbotax so i could move forward. I was on the phone with QB support and they weren't sure either. Hopefully someday these things will nicely integrate..