Can I download 1099 information from Charles Schwab to Turbotax?

[LinaJ2018 · Accepted solution]

Yes.  You may. 

In TurboTax online,

• After sign-in, select Pick up where you left off 
• At the right upper corner, in the search box, type in 1099B and press Enter 
• Select Jump to 1099B 
• The next screen, Did you sell any investments in 2019? select Yes 
• Next screen, Did you get a 1099-B or a brokerage statement for these sales? select Yes
• Next screen, Choose your bank or brokerage, select Charles Schwab and Continue 
• Next screen, Sign in to Charles Schwab & Co., Inc. and we'll get your tax forms

[richardscheele]

Step 6. Charles Schwab is not on the list of banks or brokers.

[StillAMT]

I have the same issue.  Other financial institutions that aren't ready yet appear in the listing with a message to that effect.

[bespoone2]

Same Issue. How ever when I first installed my Turbo Tax it was and now it isn't after updating the program.

[macuser_22]

Schwab is missing because the Schwab servers used for that purpose are down, probably because Schwab is getting ready for the 2018 tax season.   The Schwab website says some forms will be available mid-February.

[kasey-albano]

I see Schwab now on the list but still unable to import my forms. Anybody able to import theirs yet?

[wscarpenter07]

Mine didn't work

[mhlong14728]

Mine did not work either...

[macuser_22]

Some Schwab  are available and so are not.  That is up to Schwab.

Closing a 3 year old question.

[KRISSY4]

THIS DOESN'T WORK, I AM GOING TO HAVE TO DOWNLOAD FROM THE SCHWAB WEBSITE AS TURBO TAX DOESN'T SEE THE DATA FILES. HOW DO I DOWNLOAD INTO TURBO TAX???

[xmasbaby0]

@KRISSY4 

Sorry but you are too late to import data from a financial institution for a 2019 return and too early for a 2020 return.  If you are still trying to work on a 2019 return you will need to enter your data manually.

[dwaters1]

Same issue... I enter my correct username and password for Schwab; however, the TurboTax "Continue" button is not clickable.

[CarissaM]

You may need to check your brokerage to see if they are allowing third-party access. Although the following Help Article is for Schwab, it is possible that your brokerage has restricted TurboTax's access to your statements unless you grant consent, and you might need to do something similar to what is described here How can I fix my 1099 import issue?

[Alkinnear]

I can upload financial institutions except for Charles Schwab which will not upload it keeps flashing intuit log on blocking screen