Cynthiad66
Expert Alumni

Get your taxes done using TurboTax

Please check with E-trade to determine if they are having an issue downloading.   Here are instructions for downloading using TurboTax:

 

Where do i go to download my E-trade 1099 in turbo tax?

  1. Type import in the search bar and click search.
  2. Click on Jump to import.
  3. Click start/edit/add on 1099-INT or 1099-DIV or Stocks, Mutual Funds, Bonds, Other.
  4. Continue with the onscreen interview and identify your financial institution.
  5. Type in the Online ID and Passcode.

At tax time, you have the option to summarize your transactions by Sales Category.

IRS requires details to be listed on a Form 8949,
or on your other forms (e.g. consolidated 1099-B) which have the same information and in the same manner as Form 8949.
Either way, if you choose to summarize, you have to mail the transaction details to the IRS within three business days of IRS accepting your e-Filed tax return.(unless you have attached a PDF of the transactions details to your e-Filed return. TurboTax does not offer this feature).

 

Exception: if you summarize Category A or Category D, Form 8949 is not needed for transactions without adjustments. No mailing is necessary.

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