Question

Importing Quickbooks Pro 2020 into TurboTax Home and Busines 2021

Forum|Forum|4 years ago
April 14, 2022
1 reply
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Why does my Income from my Profit & Loss in Quickbooks not match the amount entered once I import the file into Turbo Tax? I have not assigned Tax Lines to my expenses, but this is for the actual income amounts. The income listed in TurboTax is lower in than my income on my P&L.

Thanks!

TurboTax Home & Biz Windows

PatriciaV

Employee

The import process is mostly a starting place for your tax return. In some cases, TurboTax is unable to categorize the transactions and needs your help. Always review every topic for your business income and expenses, comparing the import data to your QuickBooks reports for year-end.

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