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codeman73
New Member

Premier online cannot handle many investment trades?

Initially, it appeared that TurboTax Online Premier could handle investments. It successfully retrieved my 1099 forms from my brokerage. However, when I moved on past the income and deductions steps, and entered a review step, it said there was missing sale price information for one of my trades. I basically day traded last year so I have hundreds of entries. Some of them triggered wash sales. In the past, those were problems with TurboTax and had to be entered manually. 

I looked like it tried to pull up all of the trades into a 1040 worksheet or schedule or form (maybe 8949?) for each trade. The web page couldn't handle all this; tried with both Chrome and Firefox. Both reported a web page taking a long time and prompted me to wait or close it. After waiting many times, Chrome one time was able to pull up the form. But when I tried to enter the data, the form behind and the entry forms didn't line up. It was completely unusable. Also, it was inside a much smaller form on the web form. Really bad design.  

Does the desktop version handle hundreds of investment trades any better?

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1 Reply
JeanneLO
Intuit Alumni

Premier online cannot handle many investment trades?

Yes, but up to a limit. Please see this TurboTax FAQ for limitations on stock transactions and a work around for TurboTax: How do I enter a large number of stock transactions in TurboTax Online?

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