Turbo Tax with Money 2005

I am trying to export tax data from money 2005 in the TXF format. I am
trying to use it in TurboTax. When I try to load it into TurboTax I get an
error saying "No Information Exists for Other Financial Software (TXF File)
filename"

What am I doing wrong or is there a problem with Money 2005 or Turbo Tax?

via_newsgroup
Mon Jan 03 04:30:00 CST 2005

In microsoft.public.money, David Graham <David
Graham@discussions.microsoft.com> wrote:

>I am trying to export tax data from money 2005 in the TXF format. I am
>trying to use it in TurboTax. When I try to load it into TurboTax I get an
>error saying "No Information Exists for Other Financial Software (TXF File)
>filename"
>
>What am I doing wrong or is there a problem with Money 2005 or Turbo Tax?

Try taking a look at the .txf file in a text editor such as Notepad.
Do you see information, even tho you may not be able to interpret
it?

DavidGraham
Mon Jan 03 13:21:05 CST 2005

Yes, there is information in the TXF file.


"Cal Learner-- MVP" wrote:

> In microsoft.public.money, David Graham <David
> Graham@discussions.microsoft.com> wrote:
>
> >I am trying to export tax data from money 2005 in the TXF format. I am
> >trying to use it in TurboTax. When I try to load it into TurboTax I get an
> >error saying "No Information Exists for Other Financial Software (TXF File)
> >filename"
> >
> >What am I doing wrong or is there a problem with Money 2005 or Turbo Tax?
>
> Try taking a look at the .txf file in a text editor such as Notepad.
> Do you see information, even tho you may not be able to interpret
> it?
>
>

via_newsgroup
Mon Jan 03 14:30:31 CST 2005

In microsoft.public.money, David Graham wrote:

>Yes, there is information in the TXF file.

OK. I tried it.

Taxes->TaxTools->ExportToTaxSoftware

Select Completed Tax Year, Continue.

Check items. For my actual tax I only choose Long and Short term
CG and a few other items to send to the actual TXF file, and I use
the 1099s that get mailed for most other return items. That way
dividends will be distinguished as Qualified/non-qualified, foreign
tax withheld, etc. But in this case I checked more things for
testing, and which I also do for my preliminary estimates to see if
I
expect to need to send estimated payments. Continue.

Save your tax information as a data file (typically called a TXF
file)

In Turbotax Deluxe, it asked me to check for updates, which I did.
There was one that I installed. I had to click many times to let
my firewall permit this, since I have not granted Turbotax
unchecked access to the internet.

I switched to a return that I save for the purpose without data yet
in it. Then I did and immediate File->SaveAs to keep my base
version blank and to download the .txf file I created for the test.

File->Import->FromAccountingSoftware->OtherFinancialSoftware.
Continue.

Select the particular .txf file. Continue.

There were a set of empty checkboxes. For testing I tried
ImportNow without selecting any boxes. Got a popup error box. I
then selected all (9 in my test) boxes. ImportNow gave Import
Successful.

Going to the 1040 form showed what appeared to be reasonable
results.