Get your taxes done using TurboTax

If you have many transactions and the import feature is not importing properly, do the following to manually input your 1099-DIV and 1099-B:

First, Delete the imported Form 1099-B by going to the Income section, Investment and savings, Review then selecting the trash can icon to the right of it. To refresh the screen, click Deductions & credits on the left panel to temporarily exit and then click the Income tab to return to the Income section.

To manually enter your 1099-DIV:

1. Click on Income
2. Scroll down to Investments and Savings and click down arrow
3. Select Dividends on 1099-DIV first for you 1099-DIV
4. Select Type it in myself
5. Input the information from your 1099-DIV

To manually enter your 1099-B:

1. Click on Income
2. Scroll down to Investments and Savings and click down arrow
3. Select Stock, Crypto...(1099-B...)
4. Select Add investments, then Enter a different way
5. Select Stock, Bonds, Mutual Funds (1099-B), Continue
6. Enter brokerage information, then Continue
7. In the "Tell us about the sales..." section, then Continue
8. In the "Now choose how to enter your sales", select Sales section totals, Continue

Date Acquired: Use the word "VARIOUS"

Date Sold: Use the actual date of the last sale in that category, or simply 12/31/2025 (to represent the end of the tax year)

Your Form 1099-B is legally required to group your trades into categories. You will see headers, or sections, on your statement that look like this:

• Short-Term Covered: (Box A) Basis was reported to the IRS
• Short-Term Non-Covered: (Box B) Basis was NOT reported to the IRS
• Long-Term Covered: (Box D) Basis was reported to the IRS
• Long-Term Non-Covered: (Box E) Basis was NOT reported to the IRS

You only need to make one entry for each category that has totals. If you have all 4 categories, you make 4 entries. If you only have Long-Term and Short-Term "Covered," you only make 2 entries.

Note: Because TurboTax sometimes creates separate forms for each section or skips entries entirely if they are in a non-standard format (like a bond sale or an asset with a missing cost basis), it is also important to look for any missing transactions, possibly due to them not being reported to the IRS. For example, 'Non-Covered' securities or employee stock plan sales often get left behind between your broker and the software. 

If your summary totals in TurboTax don't match the Grand Totals on the front page of your Form 1099-B, the manual summary method is the safest way to ensure every dollar is accounted for.