To ensure a smooth import into TurboTax Desktop, it's important to first convert the data from QuickBooks Online to QuickBooks Desktop (QBDT), tydodge. This step guarantees that your data information is accurately transferred and compatible for your tax filing. I'm here to guide you through the process of exporting your data.
Since there's no direct method to import your data straight into TurboTax, we can use the QBDT free trial version to move your QBO file first. Then, You can start the process transferring your data by visiting this resource: Move your QuickBooks Online data to QuickBooks Desktop.
Once you have set up your QBDT company file, follow these steps to import your data into TurboTax.
Here's how:
- Log in to your TurboTax account and continue with your tax return.
- In the TurboTax menu, click on File.
- Select Import.
- Choose From Accounting Software.
- Select QuickBooks (2019-2024) and then click the Continue button.
- Finally, follow the on-screen instructions to complete the process.
Additionally, you can check out this article to ensure all the financial data and numbers are correct: Run reports in QBO.
If you have additional concerns about importing data, feel free to come back here in the Community. We're here to assist you 24/7.