Hi,
Turbotax premier won’t let me import 1099b with over 3000 transaction. Not only this, but I prepared Schedule D and 8949 using another financial website such as gainskeeper or TradeLog software which “active traders” use. It prepares all the required forms for us in pdf format or txf format . So why are we not able to attach that or import those forms that are already prepared by another software ? This seems ridiculous to manually enter the summary and then mail out hundreds of pages of the 8949 ? What’s the purpose of “premier” if it can’t do all the simple stuff ?
ive just discovered other tax software TAXACT allows people to attach pdf , why can’t TurboTax ?
I understand directly importing 1099b from broker with over 3000 transactions slows down the TurboTax but that’s the reason active traders use other softwares such as gainskeeper or tradelog (which are pricey itself) to prepare everything for us and TurboTax can’t even import a prepared document.
Been using this for many years but it might be finally time to switch to other tax software. Many people are over 3000 transaction in this age. Can TurboTax update their software to include this functionality?
The other headache is that TurboTax can’t handle proceeds over 9,999,999 ... that’s another thing that’s ridiculous why we can’t enter number larger than that. I thought we pay for premier to simply things and not to make it even more complex.
is anyone from TurboTax watching these questions that folks are frustrated with ?
It seems obvious to me that TurboTax is not willin to support their customers. Attaching files to a submittal is something that even AARP Tax Aides can do with the software that AARP and IRS provide.
Thanks for the above writer for the recommendation for a different tax software for next year.
Actually I have ignored the comment on my Form 8949 where it states "See Attached Statement" for several years now and have not been audited 'yet'.