It is possible you are dealing with a "wash sale", where you have a cost greater than the sales proceeds, in that case the net gain or loss would be $0. If so, you need to indicate that when you enter the sale in TurboTax, or else it will show a loss when it should be $0. To do so, when you enter your investment sale, click on the box that says The cost basis is incorrect or missing on my Form 1099-B and you will see box 1(g) where you can enter the wash sale amount.
Otherwise, the proper gain or loss would be the sales proceeds less the cost of the investment. If you entered that correctly in TurboTax and you see those numbers reflected properly on your screen, then the gain or loss be would correct.
For type of gain, look at the date acquired and date sold to see if the sale is long term or short term. Long term is more than one year, short term is one year or less. As long as you get that right you should be OK.
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