TD Ameritrade Consolidated1099 Download

[halbooth]

What part of 'speaking to an agent' in my original post did you not understand?  Further information about that > 2-hr conversation:  At the end, she tried to send me to someone further up the line [more power] to help me.  After she did that, I spent MANY minutes listening to a silent phone before finally hanging up in [further] frustration.  I called back today, spending MORE time speaking with another agent.  Her final suggestion?  "Enter the information by hand."

Original post:  "I spent > 2 hours on the phone to a TurboTax customer-support specialist trying to get this problem resolved - without success.  I have the Deluxe version, which seems to only allow one download [that is not mentioned anywhere].  She tried to upgrade me to Premier, I tried to purchase the upgrade to Premier.  Nothing worked"

[CarissaM]

You can only have a total of 10,000 transactions downloaded. 

You can view a FAQ here for more information. 

[bntax_2023]

As of Feb 18 ,2023 I have seen and downloaded 1099 from TD Ameritrade to my computer, but when I tried to import it to Turbotax, after putting in Acc # and Doc # (11 characters) the message below kept popping up and program will not import anything

"Document ID (11 characters, e.g. A12B3456CD7): Please enter the 11-character Document ID without spaces from your Form 1099 (top right corner). "

That was exactly what I did, NO GO. Called Turbotax Feb 17, representative advised to wait a few hrs and tried again. I waited overnight I tried this morning, it did exactly the same. I 've used Turbotax for more than 20 yrs. It has never happened with TD Ameritrade. By the way, I used the same procedure with Vanguard (same yr 2022) It worked

I also taled to TD Ameritrade, they advised no problem at their end

[CarissaM]

Are you using the desktop or online version? @bntax_2023 

[bntax_2023]

desktop version

[fanfare]

Even tho Import is a nice feature you don't really need it.

As an active investor, be aware that your category Box A or Box D sales without adjustments do not require Form 8949, so there is no reason to import or key in those transactions.
Instead use the "enter a summary" option to put your numbers on Schedule D Line 1a or Line 8a.
No mailing is necessary.

If you were wise enough to avoid wash sales,
you are done, by way of:

Detail Reporting Exception: if you summarize Category A or Category D, Form 8949 is not needed for transactions without adjustments. No mailing is necessary.

Note: Recently TurboTax has taken to hiding these transactions (no Form 8949) even if you do import them all or type them in.
so you might as well do it this way now yourself.

@bntax_2023 

reply back if you need to report wash sale details.

[bntax_2023]

Great to know, this is a big help for active traders . 

However, I was not wise enough to avoid all wash sales, I do have some unfortunately. 

I appreciate the education

[cprouse]

I'm having the same problem.  That link just takes us to instructions on how to enter the data manually.  That's not going to work for me either.  If it's not fixed within a couple of weeks, I'm sure there's other tax prep software out there that'll be able to handle it.

[halbooth]

After a lot of struggle, I was able to upgrade to premier, which could handle it.  The TT techs are NOT good at helping with that process.  You call them to get some sort of number [not the license code] that unlocks the process.  TT will prompt you for that number, you then call a tech and hope they can figure out how to create it.

[cprouse]

Thanks for the reply.  I shouldn't have to upgrade my package for this.  Brokerage account downloads are supposed to be part of the "Deluxe" package I signed up for and I didn't need "Premier" last year.  This deep into February Intuit should have this figured out, particularly considering that TD Ameritrade had the information available on 2/3/2023. 

[ljanco123]

i have the same problem importing 1099 from td amitrade

[DaraLO]

Here are some possible solutions to successfully import your TD Ameritrade 1099:

• Inputting the Document ID is case sensitive. Read more from this user:  https://ttlc.intuit.com/community/taxes/discussion/re-i-cannot-import-1099-info-from-td-ameritrade-i...
• Be certain to obtain the Document ID from the 1099 within TD Ameritrade's website. The downloaded PDF may contain an incorrect Document ID for import.  This post provides more insight:  https://ttlc.intuit.com/community/taxes/discussion/re-td-ameritrade-consolidated1099-download/01/278...
• For additional solutions that have helped users import 1099s, refer to the Troubleshooting section of the following Help Article:  What if I can't import my 1099? - Intuit

@ljanco123 

[bntax_2023]

Thank you Daral.   The key here is DOCUMENT ID IS CASE SENSITIVE

I input the ID with exact character case and it worked ! Finally, simple solution but no one including 3 representatives I talked to has thought about

[bntax_2023]

The error message keeps mentioning the number of characters in the Document ID which is confusing.  Tutbotax might want to think about correcting this error message

[cprouse]

I'd downloaded the PDF version of my 1099 from TD Ameritrade, copied and pasted the account number into the field for it, then copied and pasted the Document ID.  The PDF has two spaces in the ID, so I clicked on "Show", then removed the two spaces.  It still won't import the consolidated 1099.  We're into March and this issue still isn't resolved.