Irene2805
Expert Alumni

Get your taxes done using TurboTax

No -- You can't scan the composite 1099 into TurboTax.

 

However, what you can do is enter a summary of each category of transaction (short-term with basis reported to IRS, short-term basis not reported, etc.)  You can then mail in the detailed statement to the IRS along with Form 8453 as a transmittal document.  TurboTax will walk you through the process.

 

Please see this TurboTax Help article for instructions:  How do I enter a large number of stock transactions in TurboTax Online?

 

[The steps are similar in the CD/Download version of TurboTax.]