Investors & landlords

@KatrinaLO I also tried all of the recommended work-arounds and did not have any success with the import.

 

I called into TT support yesterday and discussed the issue of the import not working for those of us with several thousand (but less than 10k) 1099-B transactions.  The TT rep explained that both TT and Fidelity had enhanced their security protocols for the 2022 version of the software.  (For example, you have to log into a TT account first, before initiating the download.)

 

We tried using the Edge browser, tired clearing cookies and cache in Chrome, etc., to no avail.  We discussed the option of doing the download in TT Online, and pulling the .tax file into TT Desktop, but those in the know at TT said that I would basically have to enter all my tax into from scratch.  (This is not an option for me as I have a very complex return.)

 

So that left the only option being (1) wait for updates to fix as they are aware of the issue, but could give no info on whether or when there would be a fix, or (2) doing as they recommend in TT Desktop, creating a summary of what Fidelity shows for short- and long-term covered, and non-covered sales, and mailing the IRS the entire 152 page Consolidated1099 in PDF form that Fidelity offers for download on its website.  This is sent along with Form 8453 within 3 days of the IRS accepting the return.

 

I do not want to E-file and then mail in a 152 page supporting document.  This is a ridiculous route to go, when TT and Fidelity's programmers could work together on enabling larger 1099 downloads.  I am on a wired, high speed connection.  My end is not the issue, and many users are reporting this error with the programming.

 

Can someone at TT raise this issue to their higher ups, and get some priority put on fixing it?  We are only a little over a month away from the filing deadline and I don't want to file for an extension.  Thank you.