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Get your taxes done using TurboTax
Yes, you won't need to review the trades, because you're not entering them into the program, just attaching a copy of your 1099-B as a PDF (which the IRS already has a copy of anyway).
In the Stocks interview, choose Enter a Different Way (not importing), Continue, answer the questions on the next screen, then choose Sales Section Totals on the next page.
You'll make one line entry for each Sales Section, and the next screen will ask for your PDF.
Help me identify sales sections
Sales are categorized under sales sections and might be grouped together by:
- Short-term gains/losses
- Long-term gains/losses
- Unknown term/code
On some 1099-Bs, sales can be listed across rows, making it hard to distinguish a single sale. Make sure each one is listed as a line item with a description, date acquired, date sold, proceeds, cost or other basis, and gain/loss.
When you count your sales, be sure to count the sales under each section.
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