To download a CSV file from Fidelity for import into your TaxACT return, follow these steps:
- Go to the Fidelity website
- Click the Log In link to log into your account
- Click the Accounts & Trade tab
- When the Accounts and Trade tab is open, click the Summary tab
- When the Summary tab is open, click the Select Action link
- From the Select Action drop-down menu, click the Tax Info (Year-to-Date) menu item
- From the Tax Information screen, if you have short-term realized gains/losses, click the Details link next to Net Short-Term to view short-term transactions. From the following short-term realized gain/loss screen, click the Download link to generate a short-term CSV file. Save the .CSV file to a location on your computer.
- From the Tax Information screen, if you have long-term realized gains/losses, click the Details link next to Net Long-Term to view long-term transactions. From the following long-term realized gain/loss screen, click the Download link to generate a long-term CSV file. Save the .CSV file to a location on your computer.
- Import the short-term and long-term files into TaxACT
TaxACT has partnered with TradeLog to offer its customers a solution for calculating capital gains on Schedule D. The list of transactions reportable on the Form 8949 and Schedule D can be imported into TaxACT from TradeLog through a CSV file for electronic tax filing purposes.
Please Note: The navigation steps above are provided to assist our customers with importing a .CSV file in to the TaxACT program. As the brokerage firm listed above is not associated with 2nd Story Software, Inc. (TaxACT), we cannot guarantee the steps are 100% accurate. If you should need additional assistance while retrieving your .CSV file from the broker, please contact their support department for further information.
You should compare the CSV or Excel file you obtain from your broker with the information that was reported to you on Form 1099-B. All transactions reported on Form 1099-B need to be included in your CSV or Excel file. If there are ANY transactions missing from your CSV or Excel file, you will need to manually add these transactions to your file before importing into TaxACT.