What Companies Can TurboTax Import From?

TurboTax is a popular tax preparation software that helps individuals and businesses file their taxes easily and accurately.

What Companies Can TurboTax Import From?

One of the key features of TurboTax is its ability to import tax information from other sources, such as employers and financial institutions.

This can save users a lot of time and effort by eliminating the need to manually enter all their tax information.

In this article, we will discuss what companies TurboTax can import from and how to do it.

Table of Contents

Importing W-2 Forms

One of the most common sources of tax information that TurboTax can import from is an employer.

If your employer uses a payroll provider that supports electronic W-2 forms, you can import your W-2 into TurboTax.

Some of the payroll providers that TurboTax can import W-2 forms from include ADP, Ceridian, Paychex, and QuickBooks Online Payroll.

To import your W-2 form into TurboTax, you will need to have a copy of the form available. After you have logged into TurboTax, navigate to the W-2 import screen and select your employer's payroll provider.

You will then be prompted to enter your login credentials for the provider. Once you have done this, TurboTax will automatically import your W-2 form and populate your tax return with the relevant information.

Importing 1099 Forms

If you are self-employed or work as an independent contractor, you may receive 1099 forms from clients or customers. TurboTax can import 1099 forms from several sources, including PayPal, Square, and Uber. To import a 1099 form into TurboTax, you will need to have a copy of the form available and know the source that it came from.

To import a 1099 form into TurboTax, navigate to the 1099 import screen and select the source of the form. You will then be prompted to enter your login credentials for the source.

Once you have done this, TurboTax will automatically import your 1099 form and populate your tax return with the relevant information.

Importing Investment Information

TurboTax can also import investment information from financial institutions, including brokerage firms and banks. Some of the financial institutions that TurboTax can import investment information from include Fidelity, Schwab, and TD Ameritrade.

This can save users a lot of time and effort by eliminating the need to manually enter all their investment information.

To import investment information into TurboTax, you will need to have a copy of your investment statements available. Once you have logged into TurboTax, navigate to the investment import screen and select your financial institution.

You will then be prompted to enter your login credentials for the institution. Once you have done this, TurboTax will automatically import your investment information and populate your tax return with the relevant information.

TurboTax users can ensure that their tax returns are accurate and complete

TurboTax is a powerful tax preparation software that can save users a lot of time and effort by importing tax information from other sources. Some of the sources that TurboTax can import from include employers, financial institutions, and payment processors.

By taking advantage of these import features, users can ensure that their tax returns are accurate and complete. So, if you are looking for an easy and efficient way to file your taxes, consider using TurboTax and taking advantage of its import features.

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