Should t/t business allow me to download 1099's etc?

[MichelleT · Accepted solution]

Yes, TurboTax Business, Home & Business/Self Employed supports all types of 1099's.

Which 1099 forms can be imported?

Which 1099 forms can be imported?

Which 1099 forms can be imported?

You can securely import Forms 1099-B, 1099-DIV, 1099-INT, 1099-OID, and 1099-R into TurboTax, provided your brokerage or financial institution is a participating TurboTax Import Partner.

Related Information:

• Which 1099 forms are not available for import?
• When will I be able to import my 1099?
• Can I import from my Mint account?

{Edited 2.27.2018, 2:41pm}

 In TurboTax Business you will not need to enter each 1099 individually.  

You will enter the total income that includes income reported to you on a 1099 and income not reported to you on a 1099.  

As long as your total income you enter is equal to or exceeds the total amount from the 1099's no red flags will be raised with the IRS.  This is true even when all 1099's are entered individually.  They are reported on your tax return as one lump sum.  

The IRS simply matches the total from the 1099's reported under your TIN to the total income you report on your tax return.

[user932832]

I did not inquire about T/T home and Bus.-- I asked about T/T business??

[MichelleT]

See above please.