Download of tax forms from Acorns Brokerage

[ran64]

The forms download will work for 1099-Div and 1099-Int but not for 1099-B

[DianeW777]

Once action that provided results with an Acorn Brokerage was downloading the Acorn tax documents and clicking on enter it another way.  After that it allows you to upload by dragging / dropping off tax documents. 

If that doesn't provide the desired results, follow the instructions below.
 

A solution can be to enter summary transactions if you have many transactions. Your brokerage statements should include a summary of your transactions, grouped by sales category, for example, Box A short-term covered or Box D long-term covered.

You can always use direct entry if you choose, with summary totals.  The only exception if wash sales, which must be entered separately, if you have any.

• Where do I enter Form 1099-B? (Ignore import)
• How do I mail Form 8453? (review if alerted)

[ran64]

I had no trouble downloading 1099-B info from Vanguard or Schwab. Is this an issue specific to Acorns?

It is not difficult to manually enter the summary stock transactions data but if you do that you have to mail the info to the IRS after e-filing! That seems to defeat all the e-filing convenience.

[DianeW777]

It's not clear if Acorn is singled out for this. There can be so many different reasons a download can be challenging depending on browsers, as only one example.

The mailing of Form 8453 may seem defeating, but the fact that you can e-file even with this requirement is much better than being required to mail the entire return. Tax laws and rules change so often.

@ran64 

[ran64]

Apparently TurboTax online allows you to upload the tax data online but the desktop version does not. Would that not be a simple additional feature to add to the desktop version?