Not able to import M1 finance 1099

[maz35242]

M1 finance is not listed in Turbotax financial intuitions when trying to import a 1099. They are listed as a 1099 partner on Intuit's partner web site.

[leao2009]

Same issue here. Using Turbotax Home & Business Desktop version

[maz35242]

The latest M1 directions say to check your 1099, and if says Apex Clearing to use that. I worked for me.

[leao2009]

I do have two 1099s The one saying APEX did import correctly.

Here is what I found about the other one saying M1 Finance:

If your tax document says M1 Finance on the cover page, you will be able to import your tax document on March 1st. On March 1st, you will use the following steps to import your reportable information:

1. Start a new return in Turbo Tax
2. Select “Federal,” then select “Wages & Income”
3. Answer the following prompts
4. When you get to the screen that allows you to import directly from a bank or financial institution, type "M1 Finance" into the search bar and select it from the suggestions.
5. You’ll be prompted to enter your account number and document ID. This information can be located on the 1099 you receive from M1.

[viral-ev]

Same issue here on Desktop software Premier.

[LindaS5247]

You should be able to import your M1 Finance 1099 on March 01.  Please check back in TurboTax for updates and run all updates that are available when you log on.

Here are some helpful tips to try when your import was not successful, please click here.

Click here for "When Will I be Able to Import My 1099?"

[viral-ev]

M1 Finance sent two 1099s for tax year 2023. The first set of 1099 was from Apex Clearing which M1 used till October. This 1099 from Apex Clearing covers the time of January 2023 to October 2023. I can import this 1099 from "Search for Your Financial Institution". Here. the s/w asks for M1 account number in format of 5QM00123 (example account #) and SSN/TIN. 

However, the second set of 1099 that I received from M1 covers the time of October 2023 to December 2023. This 1099 has the account number listed in the format of 123456. I am not able to import this 1099 from M1.

Information in both 1099 are different from each other as they cover different times of the year.

[leao2009]

Same issue here.

It looks like we need another import setup in TurboTax to import the Tax Documents from M1 Finance. This new import setup needs to have the format account number (e.g. 123456 and document ID) shown in the tax form,  not the (e.g. 5QM00123 and SS# format)

Using the current M1 Finance import setup only brings the APEX tax documents.

[leao2009]

Here is what I got from F1 Finance support team.

"Thanks for reaching out to us. Our team is aware of the Turbo tax upload error and is currently working with Turbo tax to resolve the issue.
We're hoping to get this resolved within the next 1-2 business days and appreciate your patience as we work on this.
We'll provide an update once the issue is resolved."

[viral-ev]

Hello, Any update on this? It looks like you changed the name of M1 Finance to M1 Fiance Early 2023. It still pulls only Apex clearing 1099 which covers the time of January 2023 to October 2023. I still don't see an option to import 1099 which covers the time of October 2023 to December 2023.

[jworache]

I am unable to import the second document either.

[CatinaT1]

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