Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Apr 10, 2020 3:47:30 PM

The Information from the 1099-B needs to come from the LPL Financial Group?

0 2 2020
2 Replies
Expert Alumni
Apr 10, 2020 4:13:28 PM

Click this link for instructions on How to Import a 1099. 

New Member
Sep 19, 2020 1:33:23 PM

I imported the LPL Tax Information data.  The printed LPL form says that for 1099-B, LPL reports basis, not gain or loss to the IRS.  How do I get the short term and long term capital gains data into the return?

The TurboTax return seems to skip producing Form 8949 and instead reports the data directly to Sched D.  However, the reported data does not appear to include 1099-B trades.