I am unable to import my Wealthfront 1099 into Turbotax Premier using the App-specific password. I keep getting an incorrect password error. Also:
1. It won't let me copy and paste the password into Turbotax - I have to manually type in the auto-generated password.
2. It appears that the Turbotax password field has fewer characters than are being generated in the Wealthfront password.
Has anyone else encountered this and figured out how to move forward?
Thank you.
I am having the exact same problem. I hope to get an answer out of them soon but am not holding my breath.
I am having all the same issues you are facing when trying to import Wealthfront statement.
TurboTax, please update the password field to enable 4 additional characters needed to input the entire password. Please also enable pasting into the field.
Please see the TurboTax FAQ's below for assistance importing 1099's, if you are receiving a password error. If the feature is currently not available, you may also enter manually: Select I'll type it in myself or Skip Import and proceed.
If you have additional questions, please reach out to us.
@Cass0317, the password field does not allow enough characters to input the password (4 too few for me). This is a software bug that needs to be raised and addressed.
I have hundreds of lines on my document so I don't want to manually input each of them.
Thank you for responding. Unfortunately, inputting the 1099 in manually for a brokerage account is not a practical solution as there are many lines of supported data that get reported. That is why the ability to import is needed. The real question is when will Turbotax correct the flaws in the software? The fixes required are:
Thank you.
@taxuser56 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 below:
here is a link provided by wealthfront about importing into turbotax or similar applications. don't know if it will help but wanted to put the link out there. The amount of data I would have to manually type into turbotax is way too much too deal with. I believe there is a bug in turbotax with the import of data from wealthfront. there is a way to submit a bug report using the contact us page. If you have not submitted a bug report then please do so. Also if anyone talks to wealthfront and gets some info please share it on this thread. Hoping we can get this resolved at some point soon.
https://support.wealthfront.com/hc/en-us/articles/[social security number removed]
somehow I screwed up the wealthfront article link. lets try this one.
https://support.wealthfront.com/hc/en-us/articles/[social security number removed]
it is not letting me paste the link in. there must be some magic to doing this :
I cant figure out how to get a link in here.
please search for wealthfront How do I import my tax information into TurboTax or similar applications?
There is an earlier thread that discusses this and this link takes you to the post with the solution.
The great news is that user tax2019-iinnttuuiitt came up with a tool to allow you to paste the password into TurboTax! The field is definitely large enough to fit the password. I used this solution to import my 1099 from Wealthfront earlier today.
Intuit claims that they disable being able to paste passwords AND MASK THEM, so you can't see what you're typing as a security measure. It is one of the most brain-dead (and tone-deaf, since users have asked for it to be changed for years, apparently) answers I have seen on this (or any) board, especially when you come up against this ridiculous 32 character password that Wealthfront insists on using. Fortunately there is a solution.
Cass0317, your answer is incorrect for Wealthfront and not helpful.
using the method detailed about I was able to import my wealthfront tax data, thanks to the poster who put out the solution to paste the app generated password into turbotax. worked like a champ and I am one happy guy.
Glad it worked for you. Not allowing you to paste in passwords in TT is bad, but masking the field so you can't even see what you're typing is beyond ridiculous. And WF is crazy for having such a long password given that TT doesn't make it easy to enter, although their implementation isn't exclusive for the use of TT.
I am having the same problem. It is absolutely ridiculous to not allow pasting of strong passwords. I am 100% sure I typed the password in correctly, though. I copied the masked value into notepad and compared it with the original. They match, but TurboTax still does not accept it. Also, a one hour wait for phone support is ridiculous. I can't believe I paid over $100 for this.
Since you continue to have the same problem with Wealth Front, please click the link to contact TurboTax customer support.
@prebrook, did you try the tool I pointed to in my earlier post. Also, when you created the app-specific password in Wealthfront did you correctly spell Turbotax as one word?
And I also can't believe that you spent $100 on TT. Dd you have to buy extra states?
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?
CarissaM, that is an incorrect answer. Wealthfront is definitely allowing importing of data by third parties, I just did it this weekend. In fact, they have a new unique password that has to be set up for each application, and it is a long and ugly 32 character code. Turbotax is foolishly not allowing users (CUSTOMERS) to paste the password into the field, and even worse they mask the field, so you cannot even see what you're typing to make sure you have not made any errors.
Since you continue to have the same problem with Wealth Front, please click the link to contact TurboTax customer support.
Yes, I am also having the exact same problem.
I do not know why they changed import from Wealthfront to an App-specific password. It should have remained similar to other brokerages such as TD Ameritrade where a document ID has been working well for years now.
I have tried the tool from the above message and it does fill-in the password, but I am still getting a user/password error. Eventually my account gets locked.
Sounds like you do not have it set up properly at Wealthfront. Make sure you have TurboTax spelled correctly. I also capitalized it as I just typed it, although I would be surprised if that mattered.
@mister_bill I did not try your solution, because I'm 100% sure the password was entered correctly. I also changed the password and re-entered it. I compared the masked value to the unmasked value and they matched. I paid 100, because I had to buy the premier download version, because I've had issues with importing on the online version. I think I spelled TurboTax with an upper case T, but I'm not 100% certain.
I tried calling support and the queue length was an hour. I can probably manually enter the data faster than dealing with that.
https://support.wealthfront.com/hc/en-us/articles/360045750632
You need create a special passcode for turbotax thru wealthfront website.
follow the link.
I could import the 1099.