ThomasM125
Employee Tax Expert

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You would enter the 1099-B form as an investment sale, in the Investment Income section. Look for Stocks, Mutual Funds, Bonds, Other.  The income from the bonus should be entered on her W-2 form in box 1 as wages. There is usually an amount in box 14 that references the amount. If this was done, the 1099-B would normally reflect only a modest amount of capital gain income, as most of the income would be ordinary and thus reported on the W-2 form.

 

You can enter the sale as a sale of stock. If the cost basis appears low, you may need to adjust it by adding the income reported on the W-2 form. You will see an option to adjust the cost basis after you enter the stock sale. The basis entered should include the income reported on the W-2 form.

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