- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Perhaps your basis may be determined from your investment records. If not, the basis may be $0.
In TurboTax Online Premium, enter an investment by following these steps:
- Down the left side of the screen, click on Federal.
- Down the left side of the screen, click on 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 import your tax info, click Enter a different way.
- Click on Stock, Bonds, Mutual funds. Click Continue.
- 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 sales total on this 1099-B, enter information.
- Under Sales section select Short-term basis not reported to IRS (noncovered) or Short-term did not receive 1099-B form, whichever applies.
- Click Continue.
- Repeat as necessary by clicking Add another sales total. 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 10, 2024
6:29 AM