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Level 2
posted Feb 17, 2024 12:57:31 PM

etrade morgan stanley 1099 september and beyond data are not imported

I have imported 1099 form from etrade, just like every year.

However, this year at the smart check, there are a lot of errors,

first one is "adjustment amount must have a value when an adjustment code (other than C, M or T) is entered".

the second one is "adjustment code should not have an entry when a disallowed wash sale amount is entered"

Then i noticed all trade data from sept to dec are missing. 

I think this has to do with Etrade, does anyone else have this issue?

0 3 1047
3 Replies
Level 1
Feb 17, 2024 12:59:36 PM

It looks like the error issue is happening to a lot of people, myself included.  For the other issue, I think etrade should have issued you 2 1099s, one from before they were bought by MS and one for after.  Did they both get imported?

Level 2
Feb 17, 2024 1:07:26 PM

Yea i just rechecked etrade tax records, I found the second file called 1099-CONS MSSB LLC.

Sorry my title is misleading, TurboTax did import all data (both 1099 files),

but the all errors are coming from the data in the second file.

Expert Alumni
Feb 17, 2024 1:18:21 PM