About dealing with business taxes

Quicken can be a great help in preparing all the forms and schedules you need to return to the IRS. The more carefully you set up your Quicken data, the more information Quicken can help you gather.

Quicken can help you deal with your business taxes in two ways: by tracking business-related expenses, and by exporting business data into tax preparation software. If you're using software other than TurboTax, you export data by running certain tax reports that create .TXF files; your tax software then imports these files. TurboTax can read Quicken data directly, so you don't even have to run these special reports.

What can I do to prepare for business taxes?

• Prepare my tax return

Frequently asked questions

• What about Schedule C information?

  The Schedule C report lists transactions for Schedule C subtotaled by tax line item. You can export this report to tax preparation software such as TurboTax.

• How do I transfer tax-related information to a tax program?

  The steps you need to follow to transfer Tax Schedule report data to a tax program depend on the tax program you are using.