missing transactions from finincial institution download

Forum|Forum|5 years ago
March 17, 2021
3 replies
21 views

I have downloaded my information from my financial institution and there are several transactions that didn't download compared to the printed copy I receive from the institution.

How do I add these transaction?

DavidD66

Level 15

To report gains and losses reported on a Form 1099-B, while logged in to your account and in your return:

Click on "Search"
Type "1099-B" in the search window and hit "Enter"
Click on "Jump to 1099-b"
Answer Yes to "Did or will you receive a 1099-B form or brokerage statement for these sales? "
Click on "I'll type it in myself"

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

esscatAuthor

Level 2

I am going to try the suggestion but I still am having a issue. The amount reported on my 1099-b is different than the amount I get when I download the data from the financial institution.

linaj20201

Level 14

You might need to verify with your broker. I would think the hard copy version is more accurate due to import error.

To enter 1099-B info, 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

For more information, click here:

how many stock transactions TT can handle

Import / crashed

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.