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How to download K-1 from Proshares - TurboTas Home and Business

I have several K-1 from Proshares for ETF's. The Proshares site shows a TurboTax login reference, no icon or entry point. What is the process to log into connect TurboTax to Proshares. .I purchased the ETF via a broker, I had no direct connection to Proshares until the K-1 arrived in the mail. TurboTax will connect to the Broker and download the transaction detail. I am under the assumption this does not satisfy the requirement to report the K-1. 

Is a Proshares account required? 

Is it straight forward to create?

If I have a Proshares account does TurboTax directly connect to Proshares?

What is the correct sequence of events? 

Must I do this manually? 

Thanks, Dan 

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1 Reply

How to download K-1 from Proshares - TurboTas Home and Business


@dansawyeror wrote:

I have several K-1 from Proshares for ETF's.


You have to enter the information from your K-1s manually.

 

You can import the K-1s into TurboTax but only if you can download them in the TXF (.txf) file format (see link below) and you are using a desktop (not online) version of TurboTax.

 

See https://ttlc.intuit.com/community/entering-importing/help/how-do-i-import-from-the-txf-file/00/25642

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