Definition: TXF is the acronym for Tax Exchange Format, and it is a file extension for data files containing tax-related information. Since TXF is an accepted standard for saving tax data in financial software, almost all income tax preparation software will import TXF files.
How to Use TXF
If you can export TXF data from your financial software and then import it into your tax software, you will save time entering data into the tax software for your income tax return.
Many financial software programs, including Quicken and Microsoft Money, can export TXF files.
Also Known As: .TXF
