topic import 1099B multiple broker account in Get your taxes done using TurboTax

import 1099B multiple broker account

Toomuchtax — Fri, 12 Feb 2021 03:45:45 GMT

Hello community,

How do you import 1099 B from 2 separate accounts from broker? Please help

Thank You

Re: import 1099B multiple broker account

Kat — Fri, 12 Feb 2021 03:49:32 GMT

In my experience, an import from one brokerage firm includes all of the accounts. Is this not your experience?

How do I import my 1099?

Re: import 1099B multiple broker account

sylviab24 — Sun, 20 Feb 2022 01:29:05 GMT

I've tried multiple times to import 2 1099-B documents under different control/holder account numbers. I can import the 1099-DIVs but it won't do the 1099-B forms. No matter what order I try to import them, only one (the same one each time) imports.

Re: import 1099B multiple broker account

Kat — Sun, 20 Feb 2022 01:36:46 GMT

@sylviab24 Are these accounts with the same financial institution?

Re: import 1099B multiple broker account

sylviab24 — Sun, 20 Feb 2022 02:09:29 GMT

Yes, same broker account. Thanks

Re: import 1099B multiple broker account

Kat — Sun, 20 Feb 2022 03:19:03 GMT

@sylviab24 For comparison purposes, I just yesterday imported my 1099-B from Schwab.

Once the connection was secured between TT and Schwab, the program pulled up all accounts with Schwab. I had to select which items I wished to import. I did have the option(s) to import 1099-B, 1099-INT and 1099-DIV.

I'm saying this because, if programs are comparable (I use Desktop instead of Online), you "should" see the option to import the 1099-B. As a composite document, it should also include your 1099-DIV, 1099-INT, etc. If you don't see this happening, you may have to import the dividends, interest and transaction report (Form 8949) separately into the proper sections of your interview.