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Updated over 6 years ago on . Most recent reply
Real Estate LLC import to TurboTax
I have been doing my taxes for my rentals thru an LLC for almost 10 years using Quickbooks 2008. I usually just send the necessary forms to the accountant to do my taxes. I have had some issues of late with the Accountant. Rather than switch accountants, I found out this year that turbotax business can import quickbooks. Not sure if anyone here on the blog has attempted this but thought I would ask. The biggest sticking points is correctly defining the tax lines for income and expenses in quickbooks so it can import to turbotax.
Are there any do-it-yourselfers out here that have tried this?