Can I import financial data from Quicken or similar software into the web based tax preparation tools?
Some online tax preparation services do allow you to import your financial data, while others require you to type or paste your financial information. TurboTax imports financial data from Quicken, QuickBooks and ItsDeductible Online 2008, as well as any program that creates .txf files. H&R Block will import data from Microsoft Money, Quicken and DeductionPro, as well as importing last year’s tax return information from TaxCut or TurboTax. You can also import data from financial institutions, such as your bank, brokerage firm or payroll provider.
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