topic Re: 1099b issues importing in Get your taxes done using TurboTax

1099b issues importing

jonathanbosco — Wed, 27 Feb 2019 00:56:41 GMT

Hello,

I have had problems importing my 1099b from my brokerage account (E*TRADE). I was told I am not the only customer who has this problem. Any idea when this will be fixed? I have lots of stock transactions and I rather not have to input them manually. Thanks

Re: 1099b issues importing

TXBH — Sat, 04 Apr 2020 16:45:57 GMT

I have the same issue (different brokerage) plus TT will not accept credentials to sign in to do the import. Base on what I read, you have to send a hard copy of your 1099B to the IRS if you enter a summary verison of your 1099B.

Re: 1099b issues importing

DianeC958 — Sat, 04 Apr 2020 19:53:00 GMT

You can put in summary information for any stock sales where the basis is reported to the IRS and you do not need to mail the 1099-B form to the IRS. These are stock that are reported with a Code A and Code D.

If you have any stock sales where basis is not reported to the IRS then Yes, you need to send in a copy of your 1099-B if you do not put in each sale of stock individually.

If you need to send in your form 1099-B, you can still efile your return and then you need to use form 8453 to remit your 1099-B form to the IRS.

TurboTax will create the form 8453 for your to remit your 1099-B with.

@TXBH

@jonathanbosco

Re: 1099b issues importing

PT313 — Thu, 16 Feb 2023 00:19:21 GMT

I am using TurboTax Premium 2022. I have problem importing 1099 B from my financial institutes. The message is " there is no tax form available" however, I did see the 1099B form online when log on to my financial institutes!

Re: 1099b issues importing

EbonyA — Thu, 16 Feb 2023 16:36:08 GMT

This original thread is about E Trade, we were informed this morning that the import issue has been resolved . Please let us know if as of today your issue persists @PT313.

Re: 1099b issues importing

PT313 — Mon, 27 Feb 2023 00:49:12 GMT

Yes, my problem was from E*Trade. I updated to the latest TurboTax. It is working now!

Thanks!