topic Re: Import 1099 pershing llc in Get your taxes done using TurboTax

Import 1099 pershing llc

rfreiss — Tue, 04 Jun 2019 19:32:41 GMT

How do I import data from Voya Financial Advisor's which is using Pershing LLC for the clearing house for Data?

This is not easy. You need to find your Institution Numbe...

rfreiss — Tue, 04 Jun 2019 19:32:43 GMT

This is not easy. You need to find your Institution Number which is not really part of your account number.

example 3z5-xxxxxx Institution is 3z1 really.

Go to the site to find your Institution number.

https://www.netxinvestor.com/web/netxinvestor/login

Put in the first three characters of you account number into lookup.

ie 3z5 or something else.

Now you have the real Institution number.

This can now be used by the import tool in Turbo tax.

UserNname

Account Institution

Password.

Re: This is not easy. You need to find your Institution Numbe...

NJbgor — Sat, 22 Feb 2020 20:58:09 GMT

Not working!

Re: This is not easy. You need to find your Institution Numbe...

sherlock77 — Sun, 12 Apr 2020 00:45:11 GMT

Select NetXInvestor from the drop down list. I found this out by accident in a state of sheer terror.

Re: Import 1099 pershing llc

Taxes___AmIRight — Tue, 23 Jun 2020 03:35:23 GMT

I cannot get this to work at all. I was using Motif Investing which over the years imported first as Pershing Then as Motif, now Motif has closed and I cannot import through them even though Motif still shows up in th list. I am assuming NetXInvestor should work.

I sucessfully logged in to NetXInvestor(Pershing) and can view my 1099 on their website but I cannot Import it into TurboTax using the exact same "Financial Org #" which I am Assuming is the same thing as "Financial Institution Number" (Turbotax uses both phrases on its form, NetXInvestor uses Org during login). I don't know why this is happening I am positive I am typing my User ID and password exactly as I do to get into the NetXInvestor website. I signed up for e-delivery of tax forms through NetXInvestor in case that matters but still no dice. Anyone else in the same boat? Anyone get it to work?

Re: Import 1099 pershing llc

Mr-B — Thu, 02 Jul 2020 23:04:07 GMT

I'm in same situation. I couldn't get my 1099 imported. I tried with Motif investing and also with next investor.

Please tell us if you've find us a solution.

Re: Import 1099 pershing llc

mo785 — Fri, 03 Jul 2020 19:22:39 GMT

I can't even log in to the netxinvestor site. Is the user ID different than the user name (email)? I need to call the number listed here https://info.folioinvesting.com/motif-faqs#documentation and I have low hopes they will return my call..

Re: Import 1099 pershing llc

Mr-B — Sat, 04 Jul 2020 23:32:53 GMT

User Id is not my email address in my case. It is different.

By the way, TT gives option to enter summary of sale by category (short/long/covered/non-covered..). No need to enter 100s of individual sales. If all you sales are reported to IRS (covered), no need to snail mail anything.

Re: Import 1099 pershing llc

DawnC — Sat, 04 Jul 2020 23:40:33 GMT

You can securely import your 1099-B, 1099-DIV, 1099-INT, 1099-OID, or 1099-R into TurboTax, provided your broker or financial institution participates in our TurboTax Partner program.

When you get to the place in TurboTax where we ask if you received that form, answer Yes and we'll give you the option to import.

You can also jump straight to the section for your specific 1099 form. Here's how:

Sign in to TurboTax and open or continue your return.
Search for 1099-B and select the Jump to link in the search results.
Follow the screens and you’ll be able to import your form.

Tip: Be sure to select the right financial institution or brokerage from the list. For example, several participating partners' names start with First National Bank and if you select the wrong First National Bank, you won't be able to import.

You can import up to 1,500 transactions from your financial institution in TurboTax Online.

Go here to see how to take a picture of your 1099-MISC in the mobile app.

Related Information:

Re: Import 1099 netxinvestor pershing to turbo tax premier

Sgomes — Thu, 09 Jul 2020 00:36:09 GMT

I am a former Motif client and trying to import my 1099 from netxinvestor. I am able to log into netxinvestor and see my forms. I was provided the RBW as the financial org #. I use the RBW and the same login information for netxinvestor and get the following message:

Did something change? We can't find this account at your bank.

We'll help reconnect it if you need to. Don't worry, we've still got all your transactions. (352)

Does anyone else get this message? If you got in, what org # ore you using? i tried the look up on netxinvestor and got no results ....

Thanks

Re: Import 1099 netxinvestor pershing to turbo tax premier

mkumble13 — Mon, 13 Jul 2020 19:53:37 GMT

Even i've the same issue. Did anyone find a solution?

Re: Import 1099 netxinvestor pershing to turbo tax premier

karob329 — Thu, 18 Feb 2021 16:11:40 GMT

I'm getting the same message.

Did something change? We can't find this account at your bank.

We'll help reconnect it if you need to. Don't worry, we've still got all your transactions. (352)

Did anyone get a solution?

Re: This is not easy. You need to find your Institution Numbe...

NJbgor — Thu, 18 Feb 2021 21:29:55 GMT

tried this "Look Up" with no luck.

Called my broker at Maxim / Pershing LLC and he said "I dont think we participate in the turbotax upload.

Re: Import 1099 netxinvestor pershing to turbo tax premier

HeatherPLO — Sat, 20 Feb 2021 21:30:05 GMT

You may need to check your brokerage to see if they are allowing third-party access. Since you have done this, you may have to manually enter your forms. For more details, please see below:

Although the following Help Article is for Schwab, it is possible that your brokerage has restricted TurboTax's access to your statements unless you grant consent, and you might need to do something similar to what is described here How can I fix my 1099 import issue?

Re: Import 1099 netxinvestor pershing to turbo tax premier

Andrew — Sun, 21 Feb 2021 17:40:32 GMT

Exact same Issue for me... spent 1 1/2 hours on phone with Intuit and was not able to resolve. I was going to try and call Pershing during week to see if they have answer. Probably get no where and have to hand type... very annoying. The whole Motif just secretly closing down was weird too.

Re: Import 1099 pershing llc

rok — Thu, 04 Mar 2021 07:04:47 GMT

same issue, any solution or alternate?

Re: Import 1099 pershing llc

AshleyLO — Thu, 04 Mar 2021 18:27:59 GMT

@rok Have you looked over this help article for assistance with importing your 1099? How can I fix my 1099 import issue?

If this article doesn't offer any further help, please reach out to our live representatives for assistance: Contact TurboTax

Re: Import 1099 netxinvestor pershing to turbo tax premier

Andrew — Fri, 05 Mar 2021 03:49:31 GMT

So I called Pershing / net investor and left a voicemail which surprisingly was returned. Bottom line: Motif did not pay to have Netxinvestor set up to import into Turbo Tax. Motif shut their doors, sent money back to investors and went out cheap. Your only resolution is to manually enter your 1099 B into Turbo Tax. However this is really not a big deal because TurboTax allows you to enter the total amount of capital gains and dividends and there is no requirement to enter enter each individual trading transaction. I have two 1099B’s from motif one is 108 Pages while the other one is 216 pages that would be quite a lot of entries if I had to enter each transaction. Note that you must distinguish and enter the subtotal of short term capital gains and the subtotal of long-term capital gains from the 1099B separately when you enter into TurboTax. Therefore look for the sub total amount on your netxinvestor 1099 for the short term gain transactions and the subtotal for the long-term gain transactions. Then look at this section for dividends and enter the sum total of dividends from the 1099B. This is actually quite simple and only took me a couple minutes. There was never any need to enter or import all the individual transactions from the motif account so I wasted my time trying.

Re: Import 1099 netxinvestor pershing to turbo tax premier

Ari6 — Thu, 18 Mar 2021 02:35:34 GMT

Just wanted to say thank you for posting this update. I have been trying for over an hr to get this to work... I'm relieved to hear that i can do just summary. Thanks for write up!

Re: Import 1099 netxinvestor pershing to turbo tax premier

mnschur — Tue, 23 Mar 2021 15:00:33 GMT

yes...same thing here :(