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New Member
posted Feb 27, 2020 7:14:28 PM

Does the uploading ability still exists for brokerage statements to get 1099-B info?also how to "jump" to information available in TurboTax?

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2 Replies
Expert Alumni
Feb 27, 2020 7:29:18 PM

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:

  1. Sign in to TurboTax and open or continue your return. 
  2. Search for 1099-B and select the Jump to link in the search results.
  3. 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.

Not applicable
Feb 27, 2020 7:48:03 PM

when you import you should check the info against what's on the 1099's.  i did an import from the broker and what didn't get imported was royalty income (taxable income would have been understated)  and purchased interest on bonds ( taxable income would have been overstated)    don't rely on imports being 100% correct.  they may be. but would you like to get a notice from the IRS saying you owe additional taxes?    I don't know if TT accuracy guarantee applies when you import.