- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Did you receive an IRS form 1099-B rather than an IRS form 1099-MISC? Box 1e of IRS form 1099-B is Cost or other basis.
If you did receive an IRS form 1099-B, it would be reported on IRS form 8949 / Schedule D Capital Gains and Losses.
The provider does not have cost information. You will have to determine the cost basis from your personal records or report $0 cost basis. Perhaps the investment was purchased under a different vendor?
In TurboTax Online, follow these steps to enter an investment transaction on an IRS form 1099-B.
- Down the left side of the screen, click Federal.
- Down the left side of the screen, click Wages and Income.
- Scroll down to Investments and Savings. Click Show more to the right.
- Click Start/Revisit to the right of Stocks, mutual funds, bonds, other.
- At the screen Your investments and savings, click Add investments.
- At the screen Let's import your tax info, click Enter a different way.
- Click on Stocks, Bonds, Mutual Funds. Click Continue.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎April 9, 2023
6:01 AM