Do I need to input my Quicken Home & Business into TT Home & Business?

Rod F.
Rod F. Quicken Windows Subscription Member ✭✭
in Installing and Updating (Windows)

I have a question similar to the one I asked a few days ago, Do I need to do anything to handle downgrading my Quick Classic? It is this. I've decided to downgrade my Classic Quicken Home & Business license to Classic Quicken Premium license. In the past, when doing my income taxes, I've always bought the TurboTax version that matched the Quicken version I owned and have data in. At this point I haven't gotten into Quicken Premium, which I'm sure will potentially downgrade things. (I get paranoid about such things). So, if I want to migrate data out of my old Classic Quicken Home & Business database into TurboTax Home & Business, is it better if I do so before converting my Quicken database to Premium? Or does it not matter?

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Answers

  • UKR
    UKR Quicken Windows Subscription SuperUser ✭✭✭✭✭

    There is no "converting my Quicken database to Premium". You continue to use the one you used with H&B. The only difference will be that H&B-specific accounts and features will be unavailable. The transactions are still in the data file.

    I don't know about transferring H&B-specific tax-related data to Turbotax once you have opened the data file with Premier. IMHO, it might be better if you could wait with downgrading your subscription until after you have created the TT transfer file and/or created your tax returns in TT.

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