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Get your taxes done using TurboTax
I just got off the phone with TurboTax. They said that all 1099B stock transactions will need to be manually categorized this year. They are NOT working on a fix for this but are aware this is a problem. They told me they didn't consider it an integral feature of their software just a "feature" to make filing your taxes easier. I know, but I am quoting their representative. Looks like I will be looking for a new tax software provider. Bummer because I have all my historical data with them that makes things so much simpler. If you are having this issue, I urge you to contact TurboTax so they realize the magnitude of this problem.
March 16, 2021
9:42 AM