Yes, you need to enter the transactions by category, either as summary transactions, or as individual transactions.
The categories you mention are letter coded and each transaction you enter must have a sales category selected for it.
- Box A - short-term covered
- Box B - short-term non-covered
- Box C - short-term, no 1099-B received
- Box D - long-term covered
- Box E - long-term non-covered
- Box F - long-term, no 1099-B received
Any amount of $.49 or less rounds down to $0. You should still enter the transaction if you have a basis of at least $.50 to take the loss. If the basis is also $0, you don't need to enter it.
For more on how to enter stock transactions and other sales in TurboTax, click here.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
