Import to TT

[guyann21]

Thanks for your help, but I am referring to the gain loss info on Sch D. For whatever reason my bank, Bank of America, does not automatically send the 1099s to TT. Therefore, I have to list each trade separately. It's cumbersome. I have a detailed excel spreadsheet of the transactions that I would like to upload to TT so that info gets imported to my sched D  

[DoninGA]

Bank of America is a TurboTax import partner for Form 1099's.

See this website for TurboTax import partners - https://www.intuit.com/partners/fdp/implementation-support/tax-import/program-overview/partner-list/...

See this TurboTax support FAQ for importing 1099's - https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/import-1099s/L2...

[Mike9241]

As far as I know, no financial institution automatically sends tax documents to Turbotax. As for your security trades and 1099's you have to wait until the broker completes the consolidated 1099-B which is usually at the end of January or even some cases mid-February or later   (for 2024 my broker won't have the documents for import until Mid-February). At that point, you should be able to import the specific electronic file for Turbotax.  From the file tab select "import" then select "from financial institution" then "continue"   From there the steps vary to log into your account to import the trades and other 1099 info.  Be wary and check the results. sometimes OPs have reported incomplete imports or errors. You are the one responsible for the correctness of your tax return.