Can I Import My Forms from My Financial Institution?
Currently, Online Taxes (OLT) does not offer a direct import feature for tax forms from financial institutions. However, we provide an alternative method to streamline your data entry.
How to Upload Multiple Transactions
- Use the Excel template provided by OLT to enter your multiple transactions.
- Once completed, upload the file into the software.
- To access this feature, navigate to the Federal section from the left-hand menu.
- Go to Income, then scroll down and click on Capital Gains or Losses (select "show more").
- Start entering your data under Capital Gain/Loss - Schedule D, Form 8949, 1099-B, 1099-S.
While direct integration with financial institutions is not available, this Excel-based upload option helps you efficiently input your capital gains and losses data.
Source:
Publication 519
Publication 505
Publication 504
Disclaimer: Always verify information with official Federal or State Department of Revenue Forms and Instructions.