Pershing 1099-B import lost "Sale Category" info

[namzaj]

I successfully imported 1099-B info from Pershing but somehow the "Sale Category" didn't come in - and now it's asking me to go into each of 500+ trades and update it based on the PDF copy of the 1099-B.

That said, the system seems to know what the Sale Category is - since it's properly tagged in the Forms | Capital Gain/Loss Adjustment Worksheet that TTax created for each trade (even before I manually correct it).

Anyone been successful in getting this data to import?  Or is there an API/etc. to fix this?  The sheet view in on the 1099-B worksheet is not usable.

[bardminz]

same problem here. Please help!

I also see the correct S/L for holding period and cost basis in the tax data but in the "easy steps" it still warns lack of sale category information for every single transaction.

[Anonymous]

Same issue, also on J.P. Morgan too.

[LinaJ2020]

If import does not go smooth, I will suggest to manually enter info.  If there are too many transactions, try to sum up between long term and short term.  You might still be able to e-file.  Here are the steps:

In TurboTax online,

• Sign into your account, select Pick up where you left off
• At the right upper corner, in the search box, type in 1099b and Enter 
• Select Jump to 1099b
• Follow prompts
• On-screen, "Let's import your tax info, select I'll type it myself
• Follow prompts to continue

A Form 1099-B is issued to report the proceeds from your stocks and bonds transactions.  The transactions will generate either a long term or short term capital gain or loss depends on how long the stocks are being held.  The amount will be reported on line 7 of your Form 1040 along with a Schedule D and Form 8949.  

[namzaj]

@LinaJ2020 - that was my first thought, and while not perfectly precise it works for Federal.

However, MA State Tax doesn't allow it and asks for individual transactions, so I am still stuck.

[Anonymous · Accepted solution]

I believe Turbotax fixed it all.

try it now.