You'll need to sign in or create an account to connect with an expert.
This appears to be the only post ever made by your user ID.
Imports from financial institutions depend on the financial institution making all the information available, in proper form and error free and can never be guaranteed by TurboTax to be accurate since TurboTax cannot control the data. You are responsible to compare the import with your statements and check for errors or missing data and make corrections. Imports are only to save on typing entries but you must still check it.
Did you import the 1099 from Fidelity? You needed to check over your return before you file to see if everything imported right. Or you didn't enter all the 1099 info.
Turbo Tax is a self prepared return. It has no way of knowing or checking that you entered something wrong or in the wrong place or entered something twice Or left something out. It doesn't check against any outside sources. The IRS has copies of all the W2s and 1099s your employer and banks/brokers, etc. sent in to match against. Turbo Tax only checks the calculations of what you entered. It is your responsibility to check it over before you file. They only Guarantee that the calculations are right based on the entries you made.
certain info can not be imported from the broker. that info has to come from the source or manually entered from the info the broker provides. example: income from Widely Held Fixed Investment Trusts.
K-1 info comes from the publicly held partnership.
Another form that cannot be imported from Fidelity, and must be entered manually by the user, are any 1099-R forms that are handled by their pension services division (Fidelity NetBenefits).
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
mc_ward
New Member
macaroon
Level 1
TaxHacks
Level 4
TaxHacks
Level 4
dlcnws
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.