You'll have to enter data for the other account by hand, one keystroke at a time. But you can import it into the online version - but you can only import "ONE" Quickbooks subscription account. Likewise, if you use the online version of Quickbooks, you can not import it into the CD version of TurboTax. But you *can* import it into the CD version of TurboTax. QuickBooks is a full-featured business and management suite with all the tools that a small. Using the Cd version of Quickbooks, you can not import your Quickbooks data into the online version of TurboTax. QuickBooks and Quicken are financial management tools owned by Intuit and H.I.G.
#Do i have to buy a separate version of quickbooks for my mac install
If you purchase the CD version of QUickbooks and physically install it on your MAC or Windows computers, then you can use that version for as many individual businesses as you like without having to pay a separate fee for each business. If you are using the online version of Quickbooks to track business income and expenses, then you will need to $PAY$ for a subscription for each individual business. The below applies to Quickbooks, and has "NOTHING" what-so-ever to do with TurboTax or your taxes. it does not matter if you are filing a joint return either. The TurboTax program can handle up to 5 single owner businesses with each business reported on it's own SCH C as a physical part of your personal 1040 tax return. If the business is a sole proprietorship or single member LLC with only one owner, all business income and all business expenses are reported on SCH C as a physical part of your personal 1040 tax return. The below applies to ***TURBOTAX*** only.
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