DaveF1006
Expert Alumni

Get your taxes done using TurboTax

I would suggest summarizing the entries according to their sales sections listed on the 1099B. Here is how TurboTax suggests to report those totals.

 

  1. Open or continue your return.
  2. Search for stock sales and select the Jump to link in the search results.
  3. Answer Yes to Did you have investment income in 2024?
    • If you land on the Let’s finish pulling in your investment income screen, select Add investments.
  4. On the Let Us Enter Your Bank and Brokerage Tax Documents screen, select Skip this Import.
  5. On the OK, let's start with one investment type screen, select Stocks, Bonds, Mutual Funds.
  6. Continue through the interview and select Enter sales totals instead when prompted.
  7. You'll now be able to enter the total proceeds (sales) and cost basis, along with the sales category. Refer to your 1099-B for the amounts and categories. When finished, select Continue.
  8. You can add additional sales totals by selecting the Add another sales total on the Review your sales section totals screen.

 

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