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DynaTax AI
8 min readLast updated: December 20, 2025

How to Import TXF Files to ProSeries & Lacerte

Step-by-step guide to importing DynaTax AI tax data using TXF (Tax Exchange Format) into Intuit ProSeries and Lacerte Professional. TXF V042 specification with automatic Schedule C line mapping.

What is TXF Format?

TXF (Tax Exchange Format) is an industry-standard ASCII text format for exchanging tax data between software applications. Version V042 is the current standard supported by Intuit ProSeries, Lacerte, and TurboTax.

Advantage: TXF auto-imports into ProSeries/Lacerte with proper Schedule C line mapping. No manual data entry required - transactions flow directly to correct tax form lines.

TXF Reference Numbers

DynaTax maps transactions to proper TXF reference numbers for Schedule C:

  • #293-#319: Schedule C expense categories (Advertising, Car & Truck, Office Expense, etc.)
  • #685: Schedule C gross receipts (business income)
  • #686: Cost of Goods Sold (COGS)

Import Steps for ProSeries

  1. Export TXF from DynaTax: Click "Export to ProSeries" and download the `.txf` file
  2. Open ProSeries: Load the client's return (Form 1040)
  3. Import TXF: File → Import → TXF File
  4. Select File: Browse to the downloaded `.txf` file
  5. Review Import: ProSeries shows a preview of imported transactions with TXF reference numbers
  6. Confirm Import: Click "Import" - data flows to Schedule C automatically
  7. Verify: Open Schedule C worksheet and verify all transactions imported correctly

Pro Tip: Review the import log for any warnings or errors. Low-confidence transactions (red flags in DynaTax) should be manually verified before filing.

Import Steps for Lacerte

Lacerte (also by Intuit) uses the same TXF V042 format:

  1. Export TXF file from DynaTax (click "Export to Lacerte")
  2. Open Lacerte and load client return
  3. File → Import → Tax Data Exchange (TXF)
  4. Browse to `.txf` file and click Import
  5. Review import summary and confirm
  6. Navigate to Schedule C to verify imported transactions

Frequently Asked Questions

Does TXF work with all entity types?

TXF V042 primarily supports Schedule C (sole proprietors) and some personal return schedules. For S-Corps, Partnerships, and C-Corps, use Drake Trial Balance format or manual data entry.

Can I edit transactions after TXF import?

Yes. All imported transactions appear as editable line items in ProSeries/Lacerte. You can modify, delete, or add new transactions after import.

What if the import fails?

Check that you're using the correct TXF version (V042). Ensure the file is not corrupted. If problems persist, fall back to CSV export and manual entry, or contact DynaTax support.

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Tax Advice Disclaimer

The information provided on this website is for general educational purposes only and does not constitute tax, legal, or accounting advice. Tax laws are complex and change frequently. You should consult with a licensed CPA, EA, or tax attorney for advice specific to your situation. DynaTax AI is a technology platform and marketplace connecting users with independent licensed professionals. We do not provide tax advice, prepare tax returns, or represent you before the IRS.

AI Accuracy & Limitation of Liability

While DynaTax AI achieves high accuracy rates on standard transactions, AI is not 100% perfect and errors may occur. All AI-generated tax data MUST be reviewed and approved by a licensed tax professional before filing. Neither DynaTax nor the AI system guarantees accuracy, and we are not responsible for errors, omissions, or consequences arising from AI categorizations. The licensed professional reviewing your return is solely responsible for its accuracy and completeness.

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All CPAs, EAs, tax attorneys, and bookkeepers on the DynaTax platform are independent professionals, not employees or agents of DynaTax. They maintain their own professional liability insurance and are solely responsible for their professional services. DynaTax is a marketplace platform connecting clients with professionals and provides technology tools only.

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