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Level 3
posted Mar 17, 2024 10:26:31 AM

I am unable to import 1099-b from Charles Schwab

I am able to import INT and DIV files from Schwab but unable to import 1099-B file. 

I called Schwab just now and was told to reach out to TT. 

I was able to import a 1099-B from another brokerage firm.

Do I have to enter the information manually or is there something I need to do to get the file to Import?

Thank you in advance.

0 2 648
2 Replies
Level 15
Mar 17, 2024 10:30:57 AM

As an active investor, be aware that your category Box A or Box D sales without adjustments do not require Form 8949, so there is no reason to import or key in those transactions.
Instead use the "enter a summary" option to put your numbers on Schedule D Line 1a or Line 8a.

Category A and D are the covered transactions.

 

@RMD20201 

Level 3
Mar 17, 2024 3:20:49 PM

@fanfare Thank you!