How do I import multiple accounts from the same bank

[herring1]

I have multiple Vanguard accounts, but Turbotax only lets me import 1. Is there a way around this?

[DianeW777]

It depends. If you have separate user IDs and/or logins for different accounts then you may be able to import different accounts. However, it's more likely you may need to enter additional accounts manually. You can use summary totals for interest, dividends and sales.

• If you have separate user IDs for, say, a personal IRA and a spouse's IRA at the same firm, you may need to use the "modify import options" button to force a new login screen, or log out and clear cookies between imports.

A solution can be to enter summary transactions if you have many transactions. 

1099-Bs: 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 is 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)

Holding Periods:

• Long term is a holding period of more than one year (one year plus one day) and receives capital gain tax treatment (0%, 10%, 15%, 20% depending on your regular rate of tax)
• Short term is a holding period of one year or less and receives ordinary gain tax treatment (your regular rate)