How Form8949.com can help users of Tax Act

Our app can help in the following circumstances:

1. Your Broker Does Not Participate in the Tax Act Electronic Import Program

Several brokers participate in the TaxAct Electronic Import


If your broker does not participate in the program and is listed below,

  • you may upload your broker 1099-B data file to www.form8949.com and then
  • import your data from www.form8949.com into TaxAct.



Save the time and tedium of manual data entry.

2. You have a large quantity of transactions with small dollar amounts.

Tax Act rounds values to the dollar. As such, values under $.50 will round down to zero and trigger warning messages.

Also rounding differences can add up to several dollars.

Our app uses dollars and cents. When you choose to report using Exception 1, our aggregate amounts do not contain rounding errors.

3. You have more than 2000 transactions.

TaxAct has an import limit of 2000 transactions. Our app will:

  • generate "summary transactions" for import into TaxAct and
  • generate statements for attachment to your tax return. This reporting option is known as Exception 2.

Brokers

For information specific to a broker, click on the link in the Broker Name column below. If your broker is not listed, please email us.
If you have more up-to-date information, let us know.

#

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38

39

40

41

42

43

44

45

46

47

48

49

50

51

52

53

54

55

56

57

58

59

60

61

62

63

64

65

66

67

68

69

70

71

72

73

74

75

76

77

78

79

80

81

82

83

84

85

86

87

88

89

90

91

92

93

94

95

96

97

98

99

100

101

102

103

104

105

106

107

108

109

Broker Name

RBC

UBS

Site

FDX

OFX

check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check

XML

check

TXF

check
check
check
check
check
check
check
check
check

CSV

check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check

XLS

check
check
check
check

PDF

check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check
check

NONE

check
check