last year i was filing my 1099b from robinhood and i believe i entered my robinhood account info and turbotax was able to automatically fill it in for me.
This year i click on wages&income, it shows robinhood securities already there and there is a button for me to edit it. When i click edit, it brings me to another page showing the option to review stocks bonds etc, but theres no option for me to import my 1099 and no option for me to log into automatically upload the 1099b information. it seems like i have to input every line of sale manually and this is scaring me
has anybody had this issue too? where they cannot important automatically?
EDIT: IT WORKED, Just had to wait a few more days before imports are available. Tip: For stocks, click on robinhood as your broker, then enter in your ID and document ID, that should import that 1099 stock form.
Once that's good, then go back and add another line of income, or another type of income. It'll bring you to the page to click on your different brokers again, click the blue button of entering it a different way instead. Then you can upload the .csv file OR import the 1099 crypto file. That should take care of both crypto and stock 1099s,
So. Figured out something the"specialists" won't tell you. If you use the Desktop version, you can report Crypto transactions in a SUMMARY statement. Which only requires you to enter TOTAL proceeds and cost. Then you fill out form 8453 and mail that along with your 1099-b, after your taxes are approved.
Then you don't need to enter each individual crypto transaction.
The "specialists" are useless.
Delete the Robinhood 1099 that is already there and then tell it that you have another 1099-R from Robinhood and it will import it no problem.
So this here is the first thing that shows up
Next up this will show up and i click robinhood http://prntscr.com/26xavr1
http://prntscr.com/26xavz9 this last photo here shows the next page
does this mean that i have to wait until tomorrow (feb 17) before i can automatically upload the documents and not have to fill in the form manually?
ok gotcha! i got super scared since i thoguht i was going to have to type in every single transaction by myself
Today is the 18th and it's still having issues importing the 1099-B. After I import the CSV, it has 200+ issues that freeze the system. So, I'm stuck
Same issue here. Like 217 items to review. Mine stock 1099 uploaded fine. The 1099 for crypto will not upload even after downloading the CSV file. Pretty annoying.
Robinhood 1099-Div downloads using Account and Doc ID from form and worked fine. It did not download Crypto information. TurboTax has two Robinhood options. The 2nd uses email and password. Is that for Crypto tax form?
Seems to be. Will not let me log in. Keeps giving an error. I believe this is on RH. The crypto import was a day behind the stock import. So maybe RH is just having technical issues with the crypto.
I was able to do both my stock and crypto forms this morning and finiished my tax return. send me a message if you need help,. im going to close this thread
I waited all this time and cant even connect to my account thru turbo tax. If I import the csv it tells me to review 289 lines and it gets stuck! haven't completed it still waiting.
Doesn't work for me. Says my RHb login info must be wrong. But it's not.
same thing with me but with the 2FA I get the numbers and somehow it tells me wrong account or there's a typo? lol
What if instead of trying to import the .csv, you click try a different way and then try importing the regular PDF 1099 version of the crypto form?
i didnt log into my account itself but it asked me for my user ID and then the tax document ID, is it possible for you to click robinhood and then try entering the Tax document ID and User ID instead of trying to log in?
Same. And the specialist s are no help either. Told me to just enter it manually. Lol. Yeah, ok. Hrblock it is.
I downloaded Stock/Fund information with Account and Doc Id.
I downloaded Crypto information with email and password.
Both worked great with no issues. Each are different "robinhood" options to select on TT download.
Just got off phone with Robinhood, absolutely no help. Just tried pinning it on TurboTax. Sent me an email with information I have already tried. Said “request a call back if you can’t get it to work.” This is a joke.
Lmao. Really? I just got in line for a call from Robinhood. We'll see how mine goes. They should have a class action lawsuit filed against them and TurboTax for advertising the "seamless integration".
I’m sure they have enough lawsuits from the nonsense with meme stonks. Lol. I am going to give it a few days. Could just be an overload of people trying to file their taxes as the crypto docs just became available yesterday.
So. Figured out something the"specialists" won't tell you. If you use the Desktop version, you can report Crypto transactions in a SUMMARY statement. Which only requires you to enter TOTAL proceeds and cost. Then you fill out form 8453 and mail that along with your 1099-b, after your taxes are approved.
Then you don't need to enter each individual crypto transaction.
The "specialists" are useless.
This is clearly a Robinhood issue I called them yesterday told them the problem they said they would look into it an email me.
they sent me an email with the same bull they have on their site .
but I did notice this paragraph
"Your tax data may not yet be available on the Open Financial Exchange [OFX]
At this point I would recommend you guys just clicking around and seeing what works and what doesnt work. You should at least know your total net gain/loss from both stocks and crypto so in the end, if that net amount is correct on turbotax, i think you should be good
Just trial and error with different buttons, thats how i got it