Can you get Schwab composite 1099 to import?

Forum|Forum|1 year ago
February 26, 2025
3 replies
0 views

I need help, preferably a chat. I've tried a couple times to upload the "composite 1099" form from Schwab to turbotax but only the Schwab 1099R forms are coming through, it seems like Turbotax no longer recognizes the composite ones. Yes I can download those directly at Schwab but want to import them to Turbotax

Best answer by kehuber

Try again today. See https://ttlc.intuit.com/community/taxes/discussion/re-schwab-1099-upload-not-working/01/3521640#M1302979

CatinaT1

Please call TurboTax Customer service.  Here is a link:  Turbo Tax Customer Service

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

bnbalison2Author

Sorry, this was resolved about two days later when Schwab fixed the glitch on their end

kehuberAnswer

Try again today. See https://ttlc.intuit.com/community/taxes/discussion/re-schwab-1099-upload-not-working/01/3521640#M1302979

1099 composite

I have it

Mike9241

you cannot import the PDF composite. rather you have to go the long route. from the file menu select import from financial institution, enter schwab and select it, log into your schwab account, agree to the conditions, follow the additional instructions and select what to import. 1099-int, 1099-div 1099-B 1099-misc, 1099-R can be selected individually.

once imported it's your responsibility to see that everything is okay. the 1099-MISC presents the most problems because without more info Turbotax may not handle it correctly. another shortcoming is that each trade gets enter on the 8949. there does not appear to be a way to import into schedule d lines 1a and 8a or even totals by type