KenH1
New Member

Get your taxes done using TurboTax

Input your 1099-B at:

Federal Taxes > Wages & Income > 

Scroll down to Investment Income, then click Show More

Select Start next to Stocks, Mutual Funds, Bonds, Other 

Answer Yes to "Did you get a 1099-B or a brokerage statement?"

To import your 1099-B, select your financial institution and Continue (there have been integration issues, however)

To enter it manually, scroll down from the bank logos and select I'll type in in myself

1) Enter the financial institution (screenshot 1) and Continue

2) Select "I'll enter summary for each sales category" to consolidate your entries (screenshot 2)

Note: if cost basis is non-covered or not reported, the IRS is relying on you to make a reasonable estimate.  Enter these ones separately.

3) After each entry, click Yes to enter another sale, or No to finish your 1099-B (screenshot 3)

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