Yes, USAA is a TurboTax Import Partner and you can import 1099 information.
If you need to enter form 1099-INT, see Where do I enter Form 1099-INT?
If you need to enter form 1099-DIV, see Where do I enter my 1099-DIV in TurboTax Online?
If you need to enter form 1099-R, see Where do I enter my 1099-R?
If you need to enter form 1099-B, see Where do I enter my 1099-B?
- Your net capital gain/loss is calculated by subtracting your capital losses from your capital gains (Schedule D).
- If you have a net capital loss, you're allowed to deduct up to $3,000 ($1,500 if married filing separately) per year as a capital loss.
- If your net capital loss is more than the yearly limit, you can carry the loss to next year's return as a capital loss carryover