Most customers can import their tax information from Fidelity beginning February 3, 2009.

NOTE: Before filing your tax return, carefully compare all the information you imported and reported on your tax return against the official tax forms which were sent to you through the mail to make sure all items on those forms have been appropriately accounted for and adjusted as necessary based on your individual tax situation.

Beginning with the 2008 tax year, the IRS has changed the mailing deadlines for most tax forms from January 31 to February 15. As in past years, all Fidelity funds account consolidated (1099) tax forms will be mailed during January. Fidelity will mail most 2008 Brokerage account consolidated (1099) tax forms in January and through February 17 (the 15th is a Sunday and the 16th is Presidents Day). A small number of Brokerage 1099 tax forms may be mailed by March 2 (contingent upon IRS approval). If your account holds certain non–Fidelity mutual funds or certain complex securities, including unit investment trusts and real estate investment trusts, then your tax statement may be in this group.

If you use a TurboTax^® tax preparation product to prepare your taxes, please do not attempt to import your tax information from Fidelity Investments until you have received your tax reporting statement.

For account eligibility and more information regarding this service choose one of the links below:

• Import your 1099 and cost basis information from Fidelity — if you have a Fidelity non–retirement account, you may be able to import your 1099 and cost basis information directly into your tax preparation software.
• Import your 1099–R information from Fidelity — if you took a distribution from a Fidelity retirement account (for example a Traditional IRA), you may be able to import your 1099–R information directly into your tax preparation software.
• Import your W–2 from Fidelity — if Fidelity processes your paycheck and you have access to Fidelity NetBenefits^®, learn how to import the information from your Form W–2 directly into your tax preparation software.

Import Your 1099 and Cost Basis Information From Fidelity

Information from the following Fidelity non–retirement account tax forms can be automatically imported into your TurboTax return:

1099–DIV Dividends and Distributions

1099–INT Interest Income

1099–OID Original Issue Discount

1099–MISC Miscellaneous Income

1099–B Proceeds from Broker and Barter Exchange Transactions

Note: Data imported from certain forms may need to be further adjusted. See below for more details.

Once imported, TurboTax products should then:

• Automatically report the information on certain sections of the federal income tax return(s) you prepare using TurboTax software, or
• Allow you to determine how the information should be reported on the federal income tax return(s) you prepare using TurboTax software.

How to import your information

1 – Enter your SSN (or Customer ID) and PIN

How to import your information 1 – Enter your Social Security number (SSN), Tax Identification number (TIN), or Customer Identification number, and PIN. When asked where to import information from, select Fidelity Investments and enter the same information that you use to log on to Fidelity.com. The tax information available for each of the non–retirement accounts associated with your SSN will display.

2 – Review the list of available accounts

Review the account numbers listed next to each tax form. The information from these tax forms is available to be imported from Fidelity. Only your non–retirement and retirement accounts will be included in this list as well as accounts that you have access to on Fidelity.com using your SSN (or Customer ID) and PIN. (Note: Institutional retirement plan accounts serviced by Fidelity Employer Services Company LLC, for example 401(k) accounts, will not be available for this download.)

3 – Select the accounts from which you wish to import tax information

After reviewing all of the tax form information from the accounts available for import, select only information from those accounts that you want to import into your TurboTax return. You can import tax information for all of the accounts linked to your SSN and PIN.

You will need to repeat this process to import Fidelity account tax information from accounts that are not linked to your SSN.

Carefully review all of the information that you import and compare it to your records. This import is not a substitute for your Form(s) 1099 tax statement, which is sent to you under separate cover. In certain instances, the imported data may not reflect all of the information needed for tax reporting. Be sure to review the following information, as you may be required to modify, delete or otherwise act upon some or all of the information that you import from Fidelity. For example, certain information will be imported but will require that you make an affirmative choice as to how it should be accounted for on your Form 1040.

• About the import data
• Adjustments to proceeds listed on Form 1099–B
• Adjustments to Form 1099–MISC
• Alternative Minimum Tax (AMT) Information on Form 1099–INT
• Certain option transactions
• Cost basis
• Cost basis calculation methods
• Cost Basis for mergers/acquisitions
• Cost basis for Section 1256 contracts
• Customer–provided cost basis
• Employee stock option plans
• Fixed income securities
• Foreign securities
• Foreign tax credit
• Limited partnerships
• Short sales
• State income tax issues
• Tax Exempt Interest on Form 1099–INT
• Wash sales
• Worthless securities

About the import data

The import containing your tax information is based on information known to Fidelity or in some instances, information that you have provided to Fidelity. This information may not include all adjustments necessary to be made prior to its use in the preparation of your tax return. Fidelity provides a variety of information to help you complete your tax return. We recommend that you read the following documents before filing your return:

• Your 2008 Tax Reporting Statement:
  • Brokerage account
  • Mutual fund account
• Your 2008 year end Investment Report
• Information for Investors with Certain Fidelity International Funds

Additionally, you may obtain IRS Publication 550, Investment Income and Expenses and 564, Mutual Fund Distributions.

It is important to understand that the tax information import function downloads information from Fidelity into your TurboTax return and does not always place that information directly into Form 1040. It is essential that you complete the review processes contained within your tax preparation software in their entireties to ensure that all Fidelity information is correctly reported to the IRS.

Be sure to verify the information that you import against your own records in order to insure accurate and complete reporting of all required tax information on your federal income tax return. Although Fidelity is providing the tax information import as a courtesy service, Fidelity does not guarantee that the information provided is entirely sufficient or accurate for tax reporting purposes, and Fidelity is not liable for your reliance on, and use of, the import feature. If you have specific questions regarding the preparation of your tax return, contact your tax advisor or the IRS.

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Adjustments to proceeds listed on Form 1099–B

Certain information reported on your Form 1099–B will differ from what is imported into your TurboTax return. For example, Fidelity will adjust the proceeds amount provided on the tax information import to account for certain events on Schedule D, such as wash sales, taxable cash and share mergers and premiums for exercised or assigned options. As a result, the proceeds amount listed on your Form 1099–B may not match the amount imported into your TurboTax return and ultimately reported on the Schedule D you prepare using the software. You may also need to make further adjustments for other events or items not tracked by Fidelity.

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Adjustments to Form 1099–MISC

Information reported on Line 3 (Other Income) of Form 1099–MISC is not imported into your TurboTax return. There are many types of "Other Income," and different rules may apply depending on the type of income you receive. The amount on Form 1099–MISC, Line 3 is often reported on the "Other Income" line of Form 1040 along with a description that identifies it. See IRS Publication 525, Taxable and Nontaxable Income, the instructions for your tax return, and/or consult your tax advisor for information on how it should be reported on tax returns and whether any offsetting deductions can be claimed.

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Alternative Minimum Tax (AMT) Information on Form 1099–INT

Your federal tax liability could be affected by interest received from private activity bonds. The tax information import reports the total private activity bond interest earned in your account on Form 1099–INT, line (or column) 9. Include this amount as you compute your potential alternative minimum tax exposure. If you derived interest from private activity bonds, you may be required to enter such interest manually on Form 6251.

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Certain option transactions

If you wrote (sold) a call option during 2008, the sale proceeds will be included in the data imported into your TurboTax return. If the option is open as of December 31, 2008, you may need to edit the imported data to properly compute your tax liability.

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Cost basis

Cost basis is usually equal to what you paid for your shares (generally the purchase price) plus or minus certain adjustments. You must calculate cost basis to determine the reportable capital gain or loss generated by the sales of your securities. Cost basis and capital gains and losses are reported on Schedule D. Fidelity provides estimated cost basis, gain/loss and holding period information to customers as a courtesy service; however, such information may not reflect all adjustments which may be necessary for tax reporting purposes. Customers should verify the cost basis information provided by Fidelity against their own records when determining the appropriate cost basis to be used when calculating gains and losses for tax reporting purposes. Consult your tax advisor if you have specific questions. See Fixed Income Securities below regarding enhancements to cost basis information provided for fixed income securities.

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Cost basis calculation methods

The IRS permits different accounting methods to determine cost basis, each of which can result in different amounts of taxes owed. Unless otherwise specified, Fidelity calculates cost basis for open–end mutual funds (Fidelity and FundsNetwork^® Funds) using the average cost, single–category (ACSC) method and uses the first–in, first–out (FIFO) method for all other securities.

If you elect to use either the average cost, single category method or the average cost, double category method with respect to shares of a particular mutual fund, you generally must use that method for all of your shares of that fund even if the shares are held in different accounts, and you generally cannot change to another method with respect to shares of that fund without IRS approval. However, you can use different methods for different funds. Average cost methods are not permitted for non–mutual fund securities.

• If the average cost, single–category method is elected, you must clearly indicate on your income tax return, for each year the choice applies, the average cost basis method that you used for purposes of calculating reportable gain or loss generated by the sale or exchange of the shares. Please contact your tax advisor for more information.
• If you have not consistently used the cost basis method that Fidelity uses when calculating estimated cost basis for a particular security, then the data you import may need more adjustments than if you had consistently used that method. You should always use your own records to verify any cost basis information imported for tax reporting purposes. TurboTax products will allow you to modify any information that you import from Fidelity.
• If you have specifically identified shares of a security at the time of the trade, that identification may not be reflected in the cost basis information that Fidelity has provided, and therefore such information may not be appropriate for your tax reporting purposes. Fidelity began offering trading of specific shares on Fidelity.com on November 16, 2000. If you identified specific shares to be sold at the time of trade that identification should be reflected in the information you imported. If you selected specific shares manually rather than electronically, if some or all of the tax lots you specified did not correspond with our records, or if you used that method for a transaction prior to November 16, 2000, then cost basis and gain (loss) information provided by Fidelity will be based on the first–in, first–out (FIFO) method, and it will likely not correspond to your records. Be sure to carefully review the information provided and compare it to your own records. You may need IRS authorization to change a cost basis method you have selected. Consult your tax advisor if you need further guidance.

If your cost basis and/or date of acquisition information is missing for some of your securities, it may be because you purchased the security before February 1993 or because you purchased it at another financial institution. In either case, your cost basis is not known to Fidelity so be sure to refer to your own tax records for these transactions and provide your cost basis information to supplement the sales information that will be imported into your TurboTax. In addition, please note that Fidelity's cost basis information system has a cumulative lifetime limit on how much activity it can track for each individual security position in an account. For this purpose, each buy, sell, dividend, wash sale, disallowed loss, stock split, stock merger, etc. is an event. For some customers, this limit can be reached at three megabytes of activity. Cost basis information for events beyond that limit will usually show as "not available or unknown" in the Tax Reporting Statement and will not be imported into TurboTax. In addition, any cost basis information shown may be outdated due to events occurring after the limit is exceeded. Once the limit is reached, all cost basis information for the affected position will need to be tracked and updated by the investor.

Cost basis information is not imported for certain investments, including but not limited to, futures contracts, forward contracts, and other derivatives. Consult your tax advisor for guidance on reporting gains and losses generated by sales of these types of investments.

Fidelity provides estimated cost basis (including cost basis and short sale proceeds information provided to Fidelity by customers), realized gain and loss, and holding period information as a courtesy service based on information provided by customers or otherwise known by Fidelity. Fidelity provided information may not reflect all adjustments necessary for tax purposes. Taxpayers should verify such information against their own records when calculating reportable gain or loss resulting from a sale, redemption, or exchange. Fidelity does not report such information to the IRS or other taxing authorities and is not responsible for the accuracy of such information taxpayers may be required to report to federal, state, and other taxing authorities. Fidelity makes no warranties with respect to, and specifically disclaims any liability arising out of a customer's use of, or any tax position taken in reliance upon, such information. Unless otherwise specified, Fidelity determines cost basis at the time of sale based on the average cost single–category (ACSC) method for open–end mutual funds and based on the first–in, first–out (FIFO) method for all other securities. Customers should consult their tax advisors for further information.

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Cost Basis for Mergers/Acquisitions

Fidelity tracks cost basis for securities that undergo mergers or acquisitions. Fidelity may have adjusted your cost basis information if you received cash or other property at the time of the merger. Refer to the Transaction Details section of your monthly or quarterly Investment Report to determine if your cost basis was adjusted. Consult your tax advisor for information on how to report these transactions to the IRS.

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Cost basis for Section 1256 contracts

The cost basis information from the sale or annual December 31 Mark–to–Market of Section 1256 contracts will not be available in the import provided by Fidelity. Refer to your Form(s) 1099 Tax Statement or your own records to complete your tax return. See IRS Form 6781 for additional information.

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Customer–provided cost basis

Customer–provided cost basis information is not checked by Fidelity and no wash sale rules are applied to tax lots with customer–provided cost basis information. Be sure to refer to your Tax Reporting Statement to determine those securities for which cost basis information was provided by the customer but is being reported by Fidelity as a courtesy service. Note that when positions are transferred between accounts with different taxpayer identification numbers, in certain cases, cost basis information may be automatically transferred and deemed to be customer–provided. As an added convenience, Fidelity provides up to 18 months of account statements online. Fidelity provides cost basis information to customers as a courtesy service; however, such information may not reflect all adjustments which may need to be made when calculating and reporting gain or loss resulting from a sale transaction. Customers should verify cost basis information provided by Fidelity against their own records when determining the appropriate cost basis to be used when calculating gains and losses for tax reporting purposes. Consult your tax advisor if you have specific questions.

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Employee stock option plans

If you are a participant in an employee stock option plan serviced by Fidelity Investments, you may notice differences in the tax information imported compared to the Investment Report provided by Fidelity.

If you exercised an incentive stock option or sold stock acquired through a stock purchase plan during the disqualified disposition period at a gain, a portion of the gain may be taxed as ordinary income. Additionally, if you sold stock at a gain that was acquired through a stock purchase plan that was originally issued at a discount, a portion of the gain may be taxed as ordinary income. In these cases, Fidelity has suppressed the cost basis reporting; therefore you will need to consult your own tax records to determine how to enter the cost basis and corresponding gain amount on your return. Remember to distinguish and report both the capital gain amount on your Schedule D and the ordinary income amount on your 1040 for these transactions. Your Form(s) 1099 Tax Reporting Statement will identify these transactions with a special footnote. Consult your tax advisor regarding what portion of the gain, if any, may be taxed as ordinary income and how to reflect such ordinary income treatment on your tax forms.

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Fixed income securities

Your Tax Reporting Statement from Fidelity may display certain adjustments to estimated cost basis and the associated gains and losses for certain fixed income securities, including adjustments for premium, acquisition premium or discount, as well as accreted Original Issue Discount (OID). These adjustments to your estimated cost basis and the associated gains or losses are now generally able to be imported into your TurboTax return, except in the case of contingent debt instruments. Therefore, you will need to refer to your Tax Reporting Statement and/or your own cost records to complete your tax return for transactions relating to these securities.

Your Tax Reporting Statement from Fidelity indicates the fixed income securities for which these adjustments to estimated cost basis have been provided. When making adjustments for securities acquired at a premium, Fidelity assumes that such amounts were amortized by the taxpayer over the life of the security from acquisition date through disposition date, and calculates premium amortization using the yield–to–maturity method and acquisition premium using the ratable accrual method. Where indicated on your Tax Reporting Statement, Fidelity–provided adjusted cost basis reflects market discount accretion (if applicable) which was calculated using the straight–line method and was recognized at disposition date. Estimated adjusted cost basis and associated gains and losses displayed in your Tax Reporting Statement and imported into your TurboTax return may not reflect all adjustments necessary for tax reporting purposes and may also not apply if you are using an alternative amortization calculation method. Customers should verify the estimated cost basis and associated gain/loss information provided by Fidelity against their own records when determining the proper amounts to be used for tax reporting purposes. Consult your tax advisor and/or refer to IRS Publication 550, Investment Income and Expenses, for additional information

You may also need to adjust the amount of OID interest reported by Fidelity. If, for example, you paid an acquisition or bond premium, or if the obligation is a stripped bond or a stripped coupon you must compute your proper OID amount. Refer to IRS Publication 1212 Guide to Original Issue Discount Instruments to determine the correct OID amount to report on your tax return.

For transactions relating to contingent debt instruments, adjustments to your estimated cost basis and the associated gains or losses are not imported into TurboTax at this time. For transactions relating to these securities, you will need to refer to your Tax Reporting Statement and/or your own records to complete your tax return.

Amortization, accretion and similar adjustments to cost basis are not provided in your Tax Reporting Statement (and are not imported into your TurboTax return) for certain fixed income securities, such as short–term instruments, unit investment trusts, foreign fixed income securities, or securities that are subject to early prepayment of principal (pay downs). For transactions relating to these securities, you will need to refer to your own records to complete your tax return.

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Foreign securities

Certain foreign securities may be considered to be interests in a Passive Foreign Investment Companies (PFIC) under the Internal Revenue Code. If you hold shares in a PFIC the tax import will not correctly report the tax information required by the IRS for these securities, which may depend on shareholder–level tax elections. Additionally, if you sold shares in a PFIC during 2008, the sales proceeds and cost basis reporting for these securities may not be correctly reported on the tax import program. Please consult your tax advisor or the IRS for additional information on tax elections and reporting requirements for shareholders of PFICs.

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Foreign tax credit

You may be able to claim taxes paid to a foreign country as a deduction or as a credit on your Federal Tax Return. You will need to make this election after you import your account tax information from Fidelity. It is usually more advantageous to claim a credit on your return. You should consult your tax advisor to determine which option is best for your personal tax situation. Fidelity provides additional information for Fidelity Mutual Funds that have elected to pass through foreign tax credits to shareholders in Information for Investors with Certain Fidelity International Funds. For FundsNetwork^® mutual funds, contact or visit the website of the fund family. Refer to IRS Publication 514 for additional information on foreign tax credits.

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Limited partnerships

The tax information import does not contain any cost basis information for Limited Partnerships that you may hold in your account. You should refer to your own records and the IRS Form K–1 provided by the partnership for completing your income tax return for these securities.

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Short sales

The IRS requires Fidelity to report all short sale transactions on Form 1099–B. Note, however, that Fidelity will only provide cost basis information on short sales closed in the year 2008. This means that if you had a short sale against the box (shorted a stock where you also held a long position), Fidelity will not necessarily report cost basis information on that short sale. However, IRS rules provide that in this case, your transaction may be treated a sale of the long position. Also note that for individuals, open short sales generally are not reportable for tax purposes and you may need to reconcile the difference between the short sales reported on Form 1099–B and those reported on your tax return. Short sale tax reporting rules for may be different for corporations and other non–individual taxpayers. Please contact your tax advisor for more information.

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State income tax issues

The tax information import provided by Fidelity is based on reporting requirements for your Federal tax return. If you are using this information to complete your state tax return, obtain your state income tax reporting regulations to determine any adjustments or modification to the information provided. For example, tax–exempt municipal income and income derived from certain U.S. Treasury obligations may not be imported properly for the completion of your state income tax return.

You can visit the Fidelity Tax Center at Fidelity.com to obtain information regarding state–income tax issues for Fidelity mutual fund's distributions you received.

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Tax Exempt Interest on Form 1099–INT

The total of your federal tax–exempt interest and federal exempt interest dividends is reported on Form 1099–INT as "tax–exempt interest." Such interest may be taxable for state tax purposes. The supplemental section of your Tax Statement will contain state tax exempt information for state specific Fidelity municipal funds. For Fidelity’s federal municipal bond (including money market) funds, information on tax–exempt interest for each state is available on Fidelity's Tax Center. For non–Fidelity mutual funds, you will need to contact the applicable fund company for information on their state tax–exempt interest distributions. Please also read the State Income Tax Issues section immediately above. A portion of the "tax–exempt interest" reported on Form 1099–INT may be specified private activity bond interest. Specified private activity bond interest is also reported on Form 1099–INT and is required to be taken into account in computing the federal alternative minimum tax. Please read the Alternative Minimum Tax Information on Form 1099–INT section above.

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Wash sales

A wash sale occurs when a taxpayer sells securities (including options) at a loss, and within the 61–day window beginning 30 days before and ending 30 days after the sale, purchases shares of the same security or a substantially identical security (regardless of whether in the same or of a different account). If a wash sale occurs, the loss from the transaction is disallowed for tax purposes, and the amount of the loss is added to the cost basis of the newly–purchased securities. The wash sale rule applies across calendar years; therefore realized losses from security sales late in December 2008 could be washed if you re–acquire the security within 30 days in January 2009. Unless otherwise indicated, Fidelity automatically adjusts cost basis for wash sales, but only if they occur within an account and the identical security was repurchased.

Fidelity estimates disallowed loss on a security sold in such a wash sale based on estimated cost basis information provided by Fidelity for that security at the time of the wash sale. Fidelity then adds the amount of that estimated disallowed loss to the estimated cost basis that it provides for the newly–purchased security. Fidelity–provided estimated cost basis for the security sold in the wash sale may not have reflected all adjustments necessary for tax reporting purposes (as described under Cost Basis above). As a result, the estimated disallowed loss calculated by Fidelity and the estimated cost basis for the newly-purchased securities provided by Fidelity may need to be adjusted for tax reporting purposes. Accordingly, customers should verify that all wash sales are appropriately reported on their tax returns and that any prior wash sales are appropriately taken into account when reporting a subsequent disposition of the newly-purchased securities.

Fidelity does not adjust for wash sales that occur across multiple accounts, nor does it report wash sales resulting from substantially identical securities. Fidelity also does not apply any wash sale rules to tax lots with customer–provided or third–party provided cost basis information. You must check your own records across all of your Fidelity and non–Fidelity accounts to ensure you are correctly reporting any wash sale that may have occurred. Consult your tax advisor for specific questions regarding wash sales.

It is possible to have a partial wash sale in your account if the number of shares sold is different from the number of shares purchased. For example, if you originally sell 100 shares of a security at a loss and subsequently purchase 50 shares of the same security within 30 days, only the loss attributable to 50 shares is disallowed under the wash sale rule. To report the partial wash sale, Fidelity will split the sale into two transactions within the tax import. For this example, the sale of 100 shares will be displayed as two sales for 50 shares each. Disallowed losses are determined based on the earliest sold lot within the period. Loss deferrals are applied on a share–by–share basis beginning with the oldest shares acquired in the 60–day period surrounding the loss. As a result, the effect of a wash sale is to treat the most recently acquired shares as the shares sold. Since these shares were acquired within the last 30 days, the sale is short term. The holding period of the reacquired shares is added to the recently acquired shares. Note that the display of this type of transaction will not be changed on your Form 1099–B.

Be sure to refer to your Tax Reporting Statement and your own records to confirm that all wash sales are appropriately reported and categorized on your tax return, and any cost basis and holding period adjustments from prior wash sales are appropriately recorded in your tax records.

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Worthless securities

Cost basis information is provided for securities that Fidelity has removed from your account in 2008, because we have received information indicating that the security was worthless. Losses on worthless securities are treated as occurring on the last day of the tax year in which they are deemed to be worthless. Consult a tax advisor as to the proper year in which the loss should be reflected. If you report the security as worthless in the current year, you will also need to adjust the date of disposition of the worthless security to December 31, 2008 as Fidelity displays the date the security was removed from your account, which is not correct for Federal tax reporting purposes.

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Import your 1099–R from Fidelity

If you took a distribution from your Fidelity retail retirement account, you may be able to import this information directly from Fidelity.

Fidelity will report the gross distribution amount as well as the amount of any Federal or state tax withholding. Refer to the instructions on the back of your paper 1099–R for additional information regarding this tax form. Fidelity does not report or calculate the taxable amount of the distribution. Refer to IRS Publications 560 and 571 to help calculate the taxable amount of your distribution. Please consult your tax advisor for more information.

Note the ability to import 1099–R information is not available for Institutional Retirement Accounts (for example, 401(k) or 403(b) plans services by Fidelity Employer Services Company).

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Import your W–2 from Fidelity

If Fidelity processes your paycheck and you have access to Fidelity NetBenefits^® you can automatically import your Form W–2 and most of your Tax Reporting Statement information directly into TurboTax products.

Once imported, TurboTax products should then:

• Automatically report the information on certain sections of the federal income tax return(s) you prepare using TurboTax software, or
• Allow you to determine how the information should be reported on the federal income tax return(s) you prepare using TurboTax software.

How to import your information

Importing your tax information is easy. Have your Form W–2 Wage and Tax Reporting Statement available, as you will be asked to verify information from it.

• For TurboTax desktop products or the TurboTax^® Online, enter your Employer Identification Number. Next, select "Fidelity Investments NetBenefits(®)" and enter the same Social Security Number (SSN) or Customer Identification Number and personal identification number (PIN) that you use to log on to netbenefits.fidelity.com. Follow the steps to import your information.
• Fidelity will provide the tax information for all W–2s associated with your SSN that are processed by Fidelity. To complete this process, simply choose the W–2 information you want to import. You will need to repeat this process to import W–2 information for each taxpayer filing a joint return.

Be sure to carefully review all of the information that you import with your own records. This import is not a substitute for your official W–2 tax forms, which are sent to you under separate cover. In certain instances, the imported data may not reflect all of the information needed for tax reporting. Be sure to review the information you have imported, as you may be required to modify, delete or otherwise act upon some or all of the information that you import from Fidelity. For example, certain information will be imported but will require that you make an affirmative choice as to how it should be accounted for on your Form 1040.

About the import data

The import containing your tax information is based on information known to Fidelity or, in some instances, information that you have provided to Fidelity. This information may not include all adjustments necessary to be made prior to use of the information in the preparation of your tax return.

It is important to understand that the tax information import function downloads information from Fidelity into your TurboTax return and does not place that information directly into Form 1040. It is essential that you complete the review processes contained within your tax preparation software in their entireties to ensure that all Fidelity tax information is correctly reported to the IRS.

Be sure to verify the information that you import against your own records in order to insure accurate and complete reporting of all required tax information on your federal income tax return. Although Fidelity is providing the tax information import as a courtesy service, Fidelity does not guarantee that the information provided is entirely sufficient or accurate for tax reporting purposes, and Fidelity is not liable for your reliance on, and use of, the import feature. If you have specific questions regarding the preparation of your tax return, contact your tax advisor or the IRS.

Log in to NetBenefits for more information and a list of common questions and answers regarding your W–2. After you login, select the HR & Paycheck tab and click on Frequently Asked Questions.

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