2021 Return - download Schwab 1099 data did not populate all data - 2 questions

[iorbell]

Just received payment demand from IRS for 2021 missed income (Schwab short-term stock sale income). The income is visible on 2021 1099 now. Why was it missed in the download? Been using TurboTax online for last 4 years.

1. Could download process have missed picking up this?

2. Is there any way to see what 1099 data was downloaded? Or indeed can I confirm if I did indeed download the data (I was almost certain I did).

Thanks.         

[CarissaM · Accepted solution]

It would be best to click here and give us a call, so we can better assist you with this. @iorbell 

[NikiPa]

I assume you have the 1099/Year End Summary for Schwab 2021?  You'll want it for comparison reasons. Also -- note that investment firms frequently issue amended 1099's (as Schwab did in 2022) so also making sure you had the last one they issued for 2021.

[iorbell]

Thanks so much for your reply - will check out those elements.  Ian