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Importing and Transferring Tax Data

TurboTax vs. H&R Block At Home

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urboTax and H&R Block At Home (formerly TaxCut) import tax data.

Importing and Transferring Tax Data

Screen shots by Shelley Elmblad
Updated Information

This series is for tax year 2010. The latest TurboTax and H&R Block At Home reviews:

Transferring the previous year's tax data and importing data from financial software to tax software is a big time saver.

Tax software that imports W-2 and 1099 data is especially useful if you have many stock transactions to enter, or if you have multiple W-2 forms.

Importing data from Windows personal finance software or Mac personal finance software saves time if tax categories have been accurately assigned to spending and income categories.

TurboTax imports or transfers data from:

  • Quicken 2008-2010 (desktop TurboTax versions only).
  • ItsDeductible Online imports to Windows, Mac and online versions of TurboTax.
  • TurboTax, H&R Block At Home and TaxACT prior tax year returns.
  • W-2, 1098 and 1099 data from most financial institutions and employers/payroll services.
  • Any software that exports .TXF files.

H&R Block At Home imports and transfers data from:

  • Prior year returns prepared with H&R Block At Home Online or desktop software, H&R Block offices and TurboTax desktop software.
  • H&R Block At Home Deduction Pro donation tracking software.
  • H&R Block At Home imports 1099 and W-2 data from many financial institutions or employers/payroll services.
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