turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Dpopp111
New Member

Uploading my 1099-DA turbotax turns it in to a 1099B. how can I correct this so its entered as correct form 1099-DA?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

6 Replies
JamesG1
Employee Tax Expert

Uploading my 1099-DA turbotax turns it in to a 1099B. how can I correct this so its entered as correct form 1099-DA?

What process did you use to upload the IRS form 1099-DA?  Please clarify.

 

Are you able to create a .pdf of the IRS form 1099-DA that may be uploaded into TurboTax Online?

 

Does your IRS form 1099-DA report cost basis or only total sales proceeds?  If the form does not report cost basis, you will report and pay income tax on the total sales proceeds and not the net sales proceeds.

 

You may enter the summary information of the IRS form 1099-DA instead of each individual transaction.

 

 

 

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

Uploading my 1099-DA turbotax turns it in to a 1099B. how can I correct this so its entered as correct form 1099-DA?

will this work with the desktop version?

JotikaT2
Employee Tax Expert

Uploading my 1099-DA turbotax turns it in to a 1099B. how can I correct this so its entered as correct form 1099-DA?

The import function will be available soon in TurboTax Desktop, but for now, you will need to manually enter your reportable transactions from your 1099-DA form into TurboTax Desktop.  Please see where do I enter investment sales for guidance on getting to the correct section in TurboTax.


You would then need to mail Form 8949 to the IRS after electronically filing your tax return by following these instructions.  Please see this video for more details on checking this information in TurboTax once it is all entered. 

 

@pjgolfalot 

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

Uploading my 1099-DA turbotax turns it in to a 1099B. how can I correct this so its entered as correct form 1099-DA?

"The import function will be available soon in TurboTax Desktop"

 

Can you elaborate: how soon? and in what Desktop version?

MarilynG1
Employee Tax Expert

Uploading my 1099-DA turbotax turns it in to a 1099B. how can I correct this so its entered as correct form 1099-DA?

Manual entry of a 1099-DA in TurboTax Desktop is fairly easy and straightforward.   Choose Add Investments > Skip Import > Digital Assets.  Enter service name, use 'Sales Section Totals' for a large number of transactions.

 

@minifleesd 

 

 

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

Uploading my 1099-DA turbotax turns it in to a 1099B. how can I correct this so its entered as correct form 1099-DA?

Thanks. Yeah, I know how to do it, just not want to mail in 8949 forms

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question