Note: TurboTax functionality is only available to those who work with a Thrivent financial advisor and are registered on thrivent.com. If you purchased Thrivent mutual funds using thriventfunds.com, this functionality is not available at this time.
Which forms are available?
Data import is available for Thrivent Mutual Funds on IRS Forms 1099-B, 1099-DIV and 1099-R. In TurboTax, select "Thrivent Mutual Funds" starting January 31.
What do I need to do to use TurboTax?
To import tax forms into TurboTax for your Thrivent Mutual Fund accounts, you will need your thrivent.com user ID and password. If you do not have a thrivent.com user ID and password, select "Log In" on the upper right corner of thrivent.com to begin the registration process. This allows you to create a user ID and password.
You will need:
Note: Once the initial registration is complete, go back to the thrivent.com homepage and log in with your new Thrivent user ID and password you just created. At the MyAccounts page, click on a Thrivent Mutual Funds account to view account details.
Once the registration process is complete, wait at least 15 minutes before logging into TurboTax.
How many transactions can I import?
TurboTax for the WebSM supports the importation of up to 500 Schedule D transactions. If you have more than 500 Schedule D transactions, you may want to use the TurboTax desktop version. The TurboTax desktop version supports up to 3,000 transactions.
Can I import data for all accounts, including gain/loss information on redemptions?
The TurboTax data import feature will import all your accounts with matching Social Security numbers. If cost basis information is available on your Form 1099-B, it will transfer with this feature into your TurboTax 1040 tax return. At this time, you cannot import Thrivent Mutual Funds registered to a business, trust, or minor account including UTMA/UGMA and any account that is viewed through thriventfunds.com.
What if I need help importing my data into my tax return?
See the Frequently Asked Questions on the TurboTax website.
The information provided is not intended as a source for tax, legal or accounting advice. Please consult with a legal and/or tax professional for specific information regarding your individual situation.
Thrivent financial professionals are registered representatives of Thrivent Investment Management Inc. Thrivent Investment Management Inc. is an SEC-registered investment adviser and broker/dealer, and a member of FINRA and SIPC and a subsidiary of Thrivent, the marketing name for Thrivent Financial for Lutherans.