Hello Turbo Tax Community!
I have used TurboTax over many many years in the past and never encountered this issues and I am really hoping someone can give me some guidance here.
I successfully imported my 1099-B from Fidelity into TurboTax. However, some imported transactions do not "match" what I am seeing on my actual 1099-B form that was also mailed to me from Fidelity. For example:
On my mailed 1099-B form under short term transactions for which basis is NOT reported to the IRS, I see one transaction that outlines that I sold 2755 shares on a specific date for a specific amount of proceeds. (Happy to share any screenshot etc. if helpful). However, on the imported transactions, I do not see this sale. Instead of one transaction that shows the sale of 2755 shares, TurboTax splits this into multiple transactions with smaller shares sold values. I hope this makes sense. Now, if I add all the individual imported transactions, they do all add up to the correct amount of 2755 shares sold, however, again, this information is different from what I am seeing on the mailed 1099-B. I am only seeing one transaction on my mailed 1099-B Form.
Could anyone give me some advise in terms of which path forward I should choose? I narrowed this down to the following:
- Leave the import as is as the final amount in terms of shares sold does match what I see on mailed 1099-B if I I add up all the individual imported transactions.
- Delete the imported transactions in question in TurboTax and manually add the one I see on the mailed 1099-B statement.
I am really trying to figure out which one I should use as I am trying to avoid my return being rejected in case certain information does not match what the IRS "sees" on their end.
Thank you for all your help! Truly appreciated!
Best,
Florian
