Can ProSeries (Prof'l) import multiple 1099-B's from different brokers?

Forum|Forum|4 years ago
February 25, 2022
1 reply
15 views

When I tried importing several different brokerage 1099 B's the software replaces the initial import with the subsequent import (different firm). Tech support suggested manually entering 2nd and 3rd firm's detail but even Turbo Tax can easily handle this simple task. I was also expecting a separate 1099- B Wks to be created for each upload to validate the broker statements. Suggestions? Thanks.

ProSeries Professional

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dov717

Level 2

I too am having this problem in Proseries Basic 2023. It is unacceptable. Did you find a solution to your problem?

IRonMaN

Level 15

Part of the problem could be ProSeries 2023 really won't be out for another year. But as a side note, you do realize that you can just enter 1099B totals for sales that report cost basis to the IRS so you don't need to import a pile of transactions?

Slava Ukraini!

L

LMK7Author

Level 2

That's true, but only if there aren't any wash sales or adjustments...then you're required to attach PDF or mailed copies of the detailed transactions. If only a few items perhaps one can break those out and summarize the balance. Would be nice if ProSeries could make this simple fix. In addition one should be able to simultaneously upload the 1099 Int, Div & B data from the same brokerage document in one pass vs three as included with TurboTax. Any suggestions? Thanks.

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