Can I automatically import my tax forms from my financial institution?

[sandyspeck]

I have already entered other forms, but now I need to import my tax forms from my financial institution.  How can I do this?

[mesquitebean]

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@ sandyspeck  wrote:
Can I automatically import my tax forms from my financial institution?
I have already entered other forms, but now I need to import my tax forms from my financial institution.  How can I do this?

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Possibly, if the financial institution is an import partner with TurboTax, and if the institution has the forms ready for importing.   What kind of forms?  1099-INT, 1099-DIV, 1099-B, etc.   Many brokerages won't have 1099-B available until later this month.

It also depends on the product edition you use.  Online Deluxe (which you appear to be using) cannot handle 1099-B, capital gains and losses from sales of stocks, bonds, etc.

[Mike9241]

please note that whatever you import, you are the one responsible for making sure the info was imported accurately and completely. 

[RIMom1]

Thank  for the info. I have Turbotax Premier and was able to import the information on interest, dividends, etc. directly from my financial institution.  Where in turbotax can I choose that this year?  I was taken directly to a page to enter the info myself.   I don't see where I can request that it be imported.

[BrittanyS]

You can import interest, dividends, etc. when you go to each investment income in TurboTax.  Follow these steps to import:

1. Select Wages and Income
2. Select Investment and Savings
3. Select Interest on 1099-INT
4. Select Yes
5. Enter financial institute login (see screenshot)

 

@RIMom1