OK after a few experiments, deleting all of the data imported from Ameritrade into Turbo Tax ( which was sales data only...resulting in me owing the IRS $150,000 ) I finally gave in and called TD Ameritrade.
So here it is...simple and easy.
1. In Turbo Tax when you get to the area to import your stock information and you are selecting the Financial Institution to import search for Gainskeeper ( NOT TD Ameritrade or Ameritrade ).
2. Select GainsKeeper
3. Enter your TD Ameritrade User id followed by @amtd.
Example:
So if you TD Ameritrade user id is smith212 you would enter smith212@amtd
4. Enter your TD Ameritrade password.
BAM! Now send me $10 because thats what you would have paid to export it from Ameritrade as an Excel Spreadsheet then convert it to a TXF file...Ha...
PS An alternative is to go to your TD Ameritrade Accounts->History & Statements->TaxCenter tab. Go to the Realized Gain/Loss Report section and click on the Show with wash sale adjustments: 2009 link. This will open GainsKeeper and display all the information with wash adjustments...at the top tool bar of the window you will see and Export format called TXF...this is the Quicken format and you can import this format into Turbo Tax instead of downloading it directly from Gainskeeper.
Rock On Fellow Traders...Tea Party at my place after I hit the post office at 11:59 PM
Thanks for explaining the import "trick" for TDAmeritrade. I filed an extension and I am preparing my taxes now, struggling to import all data. You saved me from a huge headache!
ReplyDeleteWhere do I send you those $10?
Claudia