Is it just me or has anyone else encountered errors when importing data into TurboTax from brokerage firms??
I've used Turbotax for several years and had always transferred data from my brokerage firms' 1099s "by hand".
I tried importing the data this year and have already found two problems with data imported from my Morgan Stanley accounts. It may be because I've got one regular investment account with them plus four "managed accounts", but they are all under the same name and SSN and are reported on five 1099s from that firm.
So far I've found that the import missed including the "Fees" from one of the managed accounts into the total on form 1040A line 23, and also listed the dividends from one of those accounts TWICE on Schedule B. Both those errors increased my net federal and state taxes.
I'm going over everything with a fine toothed comb looking for other errors.
Jeff