To import tax information from earlier versions of Microsoft Money, you must first export the data from Microsoft Money into a Tax Interchange File (.txf) format and then import it into the H&R Block tax software.
As you go through the Interview, the data that you import is displayed as brown text. Change anything you need to at that time. You can also view and change the imported information any time by selecting Review Financial Imports from the Reports menu to display the Import Report.
Open Microsoft Money.
From the File menu, select "Export To Tax Software."
In the pull-down list, select the tax year for the year's return you are completing, and click Continue
Check off the tax items you wish to transfer into the program, and click Continue.
In the left pane, select "Use tax software."
Click "Export your tax information as a data file you can use with any software program." The Export Tax dialog appears.
In the File name field, enter a name for the export file.
In the Save as type field, make sure Tax Exchange Format (*.txf) is shown.
Click OK. Microsoft Money creates the export file that you can import into the tax software.
Click the Take Me To button.
From the Welcome section select Smart Import.
Click Go To.
On the Import Data From Financial Software screen, select Yes and click Next.
Select the Other program that supports Tax Exchange Format (TXF) option and click Next.
Click Import. Follow the instructions displayed to import your data.
From the File menu, choose Import Financial Information. The Smart Import dialog box is displayed.
Select "Other TXF", and click OK. The Import Financial Data from... dialog box opens.
Select the file you want to import, and click Open. If the file you want to import is in a different folder, navigate to that folder and select it.
The H&R Block software automatically imports your data and displays the Import Report. You can use this Import Report to edit or delete individual transactions.