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I am getting error message "Sales Price is not between the prescribed upper and lower limits" after importing my 1099 from TD Ameritrade
Turbotax needs to update their software to handle this error. If we manually edit and file taxes, then wouldn't we be submitting something different than what the broker sent the IRS, essentially placing us at risk of audit? I paid a premier price for Turbotax and its ability to import from brokers. If I have to deal with these errors and potentially upgrade to a CPA level account, then it defeats the purpose of doing our own taxes on Turbotax when we should be able to complete with basic imports from brokers. I highly doubt that TD Ameritrade and other large brokers are reporting everyone's 1099's incorrectly for 2020. TurboTax, figure this out!!!
‎February 16, 2021
10:51 AM