What happens when I import a consolidated 1099?
If you import a consolidated or composite (combined) 1099, our software will look for interest (1099-INT), dividends (1099-DIV), stock sales (1099-B), and miscellaneous income (1099-MISC) to import.
If you have a section that has $0 for all amounts, we won't import it.
If you have 1099-DA income on your consolidated 1099 you'll need to enter it manually on the Menu Path: Income > Common Income > Investments and Savings (1099-INT/DIV/B/DA) screen.
If you have 1099-OID income on your consolidated 1099 you'll need to enter it manually on the Menu Path: Income > Uncommon Income > Original Issue Discount (1099-OID) screen.
If you have a section that has $0 for all amounts, we won't import it.
If you have 1099-DA income on your consolidated 1099 you'll need to enter it manually on the Menu Path: Income > Common Income > Investments and Savings (1099-INT/DIV/B/DA) screen.
If you have 1099-OID income on your consolidated 1099 you'll need to enter it manually on the Menu Path: Income > Uncommon Income > Original Issue Discount (1099-OID) screen.
