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how do I get to the forms to open form8949?

 
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how do I get to the forms to open form8949?

The TurboTax online editions do not have direct access to any forms, schedules or worksheets.  That option is only available using the desktop editions in Forms mode.

 

The Form 8949 is completed by the TurboTax software after you enter an investment sale.

 

To enter an investment sale -

Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Under Investment Income
On Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B, 1099-DA), click the start or update button

JamesG1
Employee Tax Expert

how do I get to the forms to open form8949?

TurboTax Online does not have a FORMS function like the Desktop version.

 

In TurboTax Online Premium, you may enter the IRS form 1099-B by following these steps:  

     

  • Down the left side of the screen, click Federal.
  • Down the left side of the screen, click Wages & Income.
  • Scroll down to Investments and Savings and click the down arrow to the right.
  • Click Start / Revisit to the right of Stocks, Cryptocurrency, Mutual Funds, Bonds, Other.
  • Click Add investments.
  • At the screen Let’s find your account, click Enter a different way.
  • At the screen How do you want to add your docs?, click Type it in myself.
  • At the screen OK, let’s start with one investment type, select Stocks, Bonds, Mutual FundsContinue.
  • At the screen Which bank or brokerage is on your 1099-B, enter the information. Click Continue.
  • Do these sales include any employee stock, click No.
  • Do you have more than three sales on your 1099-B, click No.
  • Do these sales include any other types of investments, click No.
  • Did you buy every investment listed on your 1099-B, click Yes.  Click Continue.
  • At the screen Now, choose how to enter your sales, select One by one.  Click Continue.
  • At the screen Look for your sales on your 1099-B, click Continue.
  • At the screen Now enter one sale on this 1099-B, enter information. Click Continue.
  • Repeat as necessary by clicking Add another sale.  Click Continue.

At the screen Now, choose how to enter your sales, you may also select Sales section totals and import a .jpg of the IRS form 1099-B.

 

@mackq252003 
 

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