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.. 

Doesn't work

TurboTax home business doesn't give me the option to select quickbooks 2021-20224 

@Rrapp 

Which QB Desktop year version do you have? 2021 or newer?

2021

Quickbooks pro desktop 2021

You just need to install the trial version of QBD 2024 for TurboTax to find your company file. You don't need to run QBD 2024 at all.

Allow me to chime in and share some insights regarding this matter, Rrapp.  

I know that to import your file to TurboTax, you'll need to use QuickBooks Desktop (QBDT), as there is no direct way to import them. After that, you can transfer your data to your TurboTax account. However, 4Gal's solution is correct. You can just simply use the free trial version of QuickBooks Desktop and access the latest version and edition it has. After downloading the Desktop Version, you need to export the data to QBDT and then transfer it to your TurboTax Business Account. 

Afterward, you can check this article for the step-by-step guide on importing your Desktop data to Turbo Tax Business: How do I import QuickBooks data into TurboTax Business?

The community will always be willing to help whenever you needed. Just let us know, and we'll be here to provide any help that we can offer.

Does this mean that we will HAVE to transfer QBDT --> TurboTax DT? QBDT --> TurboTax Online doesn't work?

I'm trying to transfer data from QBO --> TurboTaxOnline. It seems that it's simply NOT possible. The ONLY feasible way to make it work is QBO --> QBDT --> TurboTax DT?

I am baffled to see how bad this integration is.

You're on the right track, codenamefox, and I genuinely appreciate your efforts in this discussion. It's great to see your commitment to ensuring a smooth data migration process. To facilitate this transition and help you navigate any complexities, I would like to jump into this thread to provide some clarification.

Yes, you'll need to move or transfer your QuickBooks Online (QBO) file to QuickBooks Desktop (QBDT)  first. Then, transfer your company file to TurboTax. To start, you can follow the recommendations above to download a trial version of the desktop version. This trial version will enable you to utilize the software without paying for a subscription right away, allowing you to explore its features and functionalities.

Please also note that when you transition from QBO to QBDT, you may observe differences in how your financial records are displayed. These variations occur due to certain export limitations inherent in the process. 

Once you have successfully transferred your company file, you're now able to start the process of importing it into TurboTax Online. To assist you in this process, please refer to the detailed steps outlined below:

1. Sign in to your TurboTax and navigate to the File menu.
2. Choose Import and click the From Accounting Software.
3. Select QuickBooks and hit Continue.
4. Follow the on-screen instructions to complete the process.

By following these guidelines and staying informed, navigate this process with confidence, codenamefox. If you have any specific questions or need further assistance, please don’t hesitate to ask me in the comments section. I'm here to help you every step of the way.  

Are you sure From Accounting Software is available for TurboTax Online? If so, please share a screenshot because I can't find it.

I am glad to provide information about importing QuickBooks Online (QBO) data into TurboTax, @codenamefox.

The steps provided by my colleague above pertain to users of QuickBooks Desktop and TurboTax Desktop. If you don't see the option inside your TurboTax account. You can reach out to the TurboTax Customer Care Team. This way, they can assign a representative to check your account in a secure environment to determine the root cause of the issue.

I'll gladly input the steps below to get you going. To begin, follow these steps:

1. Sign into your TurboTax account (if you aren't already signed in).
2. Once you're in, type Contact Us in the Search bar.
3. Choose the Contact Us button from the list.
4. Select the pencil icon to enter your question and select Let's
5. Now choose between:
   • Posting your question to our community of experts (Post a question)
   • Talking one-on-one with a live TurboTax Expert or CPA (Get a call)
     • Free Edition (without PLUS): This is not covered, so when you select Talk to a specialist, you'll be asked to add PLUS benefits first.

For more details, see this article: How do I contact TurboTax?

Refer to this article for more details about importing your data to TurboTax: How do I import QuickBooks data into TurboTax Business?

Consider exploring third-party applications that seamlessly integrate with QBO and help you move your data to QBDT. You can find these apps in the Apps menu or browse our QuickBooks App Store for more information.

For additional resources on preparing and submitting your tax return with TurboTax, you can explore various topics on this page: File taxes.

Please do not hesitate to contact us if you require additional information about managing your data transactions. We are here to assist you.