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Level 2
posted Feb 24, 2023 5:23:46 PM

Turbotax incorrectly imported values Form 1099-B

0 10 818
10 Replies
Expert Alumni
Feb 24, 2023 5:48:25 PM

Can you clarify your issue?  When a 1099-B is imported from a broker, it should be the same as the 1099-B you download from their site. 

 

How to Import 1099 Forms

 

How to Update or Delete Imported Data

 

 

 

Level 2
Feb 24, 2023 6:03:44 PM

yes, it should be but it is not.

Expert Alumni
Feb 24, 2023 6:10:30 PM

"yes, it should be but it is not." - This does not clarify the issue.

 

Could you tell us what the 1099-B in question looks like (numberwise), and what actually got imported into TurboTax?

Level 2
Feb 24, 2023 6:31:42 PM

Using firefox to load into turbotax premier windows.

Turbotax detect 3 forms load all all of them.

Account is correct.

Income numbers are just off,  Turbotax is saying something like 1 while it 77. I am not publishing any information to public.

Subsequent attempt to load tax forms from bank just crashed turbo tax.

 

IMHO, Turbotax spent more time on community badges then making their product actually work.

 

 

Level 15
Feb 24, 2023 6:39:46 PM

users of the Import feature are always warned to double check the results.

the filer is responsible for the correctness of their Forms 8949 and Schedule D.

@vsakharuk 

Level 2
Feb 24, 2023 6:46:25 PM

This is exactly what i did. I checked the numbers, all numbers are off.

There is no value in turbo tax if I enter all forms manually.

 

 

Level 2
Mar 2, 2023 8:17:20 AM

Today's turbotax update does not affect problems.

It is still crashing on import from bank.

it is still messing numbers from brokerage.

How can I reimburse the product, it does not work.

Intuit Alumni
Mar 2, 2023 8:41:15 AM

If you would like to inquire about a refund, please feel free to contact Customer Support so they can assist you. You will want to use the keywords billing issues when you call so you get to the right person.

@vsakharuk 
 

Level 2
Mar 20, 2023 10:54:24 AM

I figured TT could not import options trades from fidelity.

Intuit Alumni
Mar 20, 2023 12:09:51 PM

For additional assistance with this matter, please reference the above information by Monique to reach out to us directly.  We would be happy to assist you further over the phone.  

 

@vsakharuk