No, TurboTax will not let you file if there are errors. I am not aware of any bugs in TurboTax. How did you enter your 1099-B - Stocks, Bonds, or Mutual Funds? I am assuming you probably imported them. My guess is that the information did not import correctly. You are going to have to go back and review all of the 1099-B entries and verify them against a hard copy of the 1099-B. Hopefully, you have a printed copy of the 1099-B.
To get back to the 1099-B entries:
TurboTax Online
- Open TurboTax if it is not already open;
- Go to Federal section;
- Select Wages & Income;
- Scroll down to Investment Income;
- Select Stocks, Mutual Funds, Bonds, Other.
- Select the Brokerage Company and then click on Review
- Review the transactions and verify the information is correct.
For TurboTax Desktop
- Open TurboTax if it is not already open;
- Go to Federal Taxes;
- Click on Wage and Income and select I'll choose what I want to work on
- Scroll down to Investment Income;
- Click on the Start button next to Stocks, Mutual Funds, Bonds, Other
- Answer the questions;
- Answer I'll Type It Myself on when it asks How do you want to Enter your 1099-B
- Click on Continue
- Select from the dropdown on the next screen the brokerage company
- Click Continue
- Select I'll enter one sale at a time and click Continue
- The transactions imported should be listed. Just go through each of the transactions to review and verify.
One other option is after the complete-check you will be given the choice to review. If you select review, it will take you through each item that needs to be reviewed.
