see this thread
10,000 individual transactions (give or take)
2020 the limit was 1500
Am being told 2,000 can be imported.10,000 if done manually.
Why would anyone enter 10,000 individual entries ??? How many months would that take ???
TurboTax Online is equipped to handle around 500 individual transactions (give or take) per brokerage account before performance starts to deteriorate.
If you need to enter a bunch of stock transactions with a total sales volume of less than $10,000,000 (ten million), you can enter a summary for each sales category. Instructions follow.
Another alternative is to switch to the TurboTax CD/Download software which handles around 2,000 individual transactions per brokerage.
Your brokerage statements should include a summary of your transactions, grouped by sales category, for example "Box A short-term covered" or "Box D long-term covered". You'll enter the summary info instead of each individual transaction.
When you are done entering all your sales transactions, you'll eventually come to the Here's the investment sales info we have so far screen. Here you can edit, delete, or enter more sales.
I agree,said that to the representative..Was sent links that stated 2,000 stock transaction could be imported and one that stated "TurboTax can handle 10,000 stock transactions.They were two separate links.Called and spoke to a few representatives.
Turbotax claims it will allow you up to 10k stock transactions, in reality even if you manage to import or type it in yourself, you are going to run into a large return file size problem which will not be easy to resolve if you especially have a lot of wash sales. Ideally if you successfully imported your 4 or 5k transactions, it would have calculated the proceeds, cost basis , adjustment/wash sales. Only way you will be able to solve that is by breaking that summarized calculation from the import into 30 or so equal halves and type it in manually and delete the previous large import.This was done with a help of tax expert so make sure you at least have turbotax live if you chose premier package.
Or if you don't have wash sales, you can just enter a summary of those sales.
so that was the only solution as neither online or desktop products of turbotax was able to handle almost 5k of transactions. Desktop version used to crash, don't even try to attempt the manual route of entering it. Desktop version will crash almost every single attempt after 2115 transactions and calculations can get messed up.