topic How do I enter a large number of stock transactions in TurboTax Online? in TurboTax Help

topic How do I enter a large number of stock transactions in TurboTax Online? in TurboTax Help https://ttlc.intuit.com/community/entering-importing/help/how-do-i-enter-a-large-number-of-stock-transactions-in-turbotax-online/01/26748#M74 TurboTax Online is equipped to handle around 1,500 individual transactions (give or take) per brokerage account before the 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. Another alternative is to <A href="https://ttlc.intuit.com/community/choosing-a-product/help/how-do-i-switch-from-turbotax-online-to-the-turbotax-software/00/26129" target="_blank">switch to the TurboTax CD/Download software</A> which handles around 2,000 individual transactions per brokerage. <H2>How to enter a summary in lieu of individual transactions</H2> 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. <OL> <LI>Open or continue your return (if it's not already open) and search for stock sales.</LI> <LI>Select the Jump to link in the search results.</LI> <LI>Answer Yes to Did you sell stocks, mutual funds, bonds, or other investments in 2020?. <UL> <LI>If you land on Your investment sales summary, select Add more sales. </LI> </UL></LI> <LI>On the OK, what type of investments did you sell? screen, select Stocks, Bonds, Mutual Funds, then Continue.</LI> <LI>When asked how you want to enter your 1099-B, select I'll type it myself.</LI> <LI>Answer the questions until you can select Enter sales section totals.</LI> <LI>You'll now be able to enter the total proceeds (sales) and cost basis, along with the sales category. Refer to your 1099-B for the amounts and category. When finished, select Continue.</LI> </OL> <DIV class="ISH_suggestedInformation"> <H2>Related Information:</H2> <UL> <LI> <A href="https://ttlc.intuit.com/community/choosing-a-product/help/how-do-i-switch-from-turbotax-online-to-the-turbotax-software/00/26129" target="_blank">How do I switch from TurboTax Online to the TurboTax software?</A> </LI> <LI> <A href="https://ttlc.intuit.com/community/entering-importing/help/how-many-stock-transactions-can-turbotax-online-handle/00/25644" target="_blank">How many stock transactions can TurboTax Online handle?</A> </LI> <LI> <A href="https://ttlc.intuit.com/community/entering-importing/help/where-do-i-enter-a-1099-b/00/26612" target="_blank">Where do I enter a 1099-B?</A> </LI> <LI> <A href="https://ttlc.intuit.com/community/forms/help/where-is-form-8949/00/25799" target="_blank">Where is Form 8949?</A> </LI> <LI> <A href="https://ttlc.intuit.com/community/bugs-and-error-messages/help/error-we-notice-you-have-more-than-500-financial-transactions-to-import-in-turbotax-online/00/26096" target="_blank">TurboTax Online: We notice you have more than 1,500 financial transactions to import</A> </LI> </UL> </DIV> Mon, 01 Mar 2021 12:57:10 GMT TurboTax Help 2021-03-01T12:57:10Z How do I enter a large number of stock transactions in TurboTax Online? https://ttlc.intuit.com/community/entering-importing/help/how-do-i-enter-a-large-number-of-stock-transactions-in-turbotax-online/01/26748#M74 TurboTax Online is equipped to handle around 1,500 individual transactions (give or take) per brokerage account before the 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. Another alternative is to switch to the TurboTax CD/Download software which handles around 2,000 individual transactions per brokerage. How to enter a summary in lieu of individual transactions 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. Open or continue your return (if it's not already open) and search for stock sales. Select the Jump to link in the search results. Answer Yes to Did you sell stocks, mutual funds, bonds, or other investments in 2020?. If you land on Your investment sales summary, select Add more sales.  On the OK, what type of investments did you sell? screen, select Stocks, Bonds, Mutual Funds, then Continue. When asked how you want to enter your 1099-B, select I'll type it myself. Answer the questions until you can select Enter sales section totals... Mon, 01 Mar 2021 12:57:10 GMT https://ttlc.intuit.com/community/entering-importing/help/how-do-i-enter-a-large-number-of-stock-transactions-in-turbotax-online/01/26748#M74 TurboTax Help 2021-03-01T12:57:10Z

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https://ttlc.intuit.com/community/entering-importing/help/how-do-i-enter-a-large-number-of-stock-transactions-in-turbotax-online/01/26748#M74

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TurboTax Online is equipped to handle around 1,500 individual transactions (give or take) per brokerage account before the 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. Another alternative is to <A href="https://ttlc.intuit.com/community/choosing-a-product/help/how-do-i-switch-from-turbotax-online-to-the-turbotax-software/00/26129" target="_blank">switch to the TurboTax CD/Download software</A> which handles around 2,000 individual transactions per brokerage. <H2>How to enter a summary in lieu of individual transactions</H2> 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. <OL> <LI>Open or continue your return (if it's not already open) and search for stock sales.</LI> <LI>Select the Jump to link in the search results.</LI> <LI>Answer Yes to Did you sell stocks, mutual funds, bonds, or other investments in 2020?. <UL> <LI>If you land on Your investment sales summary, select Add more sales. </LI> </UL></LI> <LI>On the OK, what type of investments did you sell? screen, select Stocks, Bonds, Mutual Funds, then Continue.</LI> <LI>When asked how you want to enter your 1099-B, select I'll type it myself.</LI> <LI>Answer the questions until you can select Enter sales section totals.</LI> <LI>You'll now be able to enter the total proceeds (sales) and cost basis, along with the sales category. Refer to your 1099-B for the amounts and category. When finished, select Continue.</LI> </OL> <DIV class="ISH_suggestedInformation"> <H2>Related Information:</H2> <UL> <LI> <A href="https://ttlc.intuit.com/community/choosing-a-product/help/how-do-i-switch-from-turbotax-online-to-the-turbotax-software/00/26129" target="_blank">How do I switch from TurboTax Online to the TurboTax software?</A> </LI> <LI> <A href="https://ttlc.intuit.com/community/entering-importing/help/how-many-stock-transactions-can-turbotax-online-handle/00/25644" target="_blank">How many stock transactions can TurboTax Online handle?</A> </LI> <LI> <A href="https://ttlc.intuit.com/community/entering-importing/help/where-do-i-enter-a-1099-b/00/26612" target="_blank">Where do I enter a 1099-B?</A> </LI> <LI> <A href="https://ttlc.intuit.com/community/forms/help/where-is-form-8949/00/25799" target="_blank">Where is Form 8949?</A> </LI> <LI> <A href="https://ttlc.intuit.com/community/bugs-and-error-messages/help/error-we-notice-you-have-more-than-500-financial-transactions-to-import-in-turbotax-online/00/26096" target="_blank">TurboTax Online: We notice you have more than 1,500 financial transactions to import</A> </LI> </UL> </DIV>

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<dc:creator>TurboTax Help</dc:creator>

<dc:date>2021-03-01T12:57:10Z</dc:date>

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<title>

How do I enter a large number of stock transactions in TurboTax Online?

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https://ttlc.intuit.com/community/entering-importing/help/how-do-i-enter-a-large-number-of-stock-transactions-in-turbotax-online/01/26748#M74

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TurboTax Online is equipped to handle around 1,500 individual transactions (give or take) per brokerage account before the 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. Another alternative is to switch to the TurboTax CD/Download software which handles around 2,000 individual transactions per brokerage. How to enter a summary in lieu of individual transactions 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. Open or continue your return (if it's not already open) and search for stock sales. Select the Jump to link in the search results. Answer Yes to Did you sell stocks, mutual funds, bonds, or other investments in 2020?. If you land on Your investment sales summary, select Add more sales.  On the OK, what type of investments did you sell? screen, select Stocks, Bonds, Mutual Funds, then Continue. When asked how you want to enter your 1099-B, select I'll type it myself. Answer the questions until you can select Enter sales section totals...

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https://ttlc.intuit.com/community/entering-importing/help/how-do-i-enter-a-large-number-of-stock-transactions-in-turbotax-online/01/26748#M74

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<dc:creator>TurboTax Help</dc:creator>

<dc:date>2021-03-01T12:57:10Z</dc:date>

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