Hi.
I need help please.
I'm going to delete what I have entered and start over.
I'm going to Investment Income because I sold stock options.
The first question asked is "Did you sell stocks, mutual bonds, bonds or other investments in 2019." My answer "Yes".
Then it asks what type of investments did you sell? I clicked on Stocks, Bonds, Mutual Funds (options, index funds, ETFs).
The it wants to import my tax info but I click on "I'll type it in myself".
Next question is "Which bank or brokerage sent you a 1099-B for these sales?" My brokerage is Merrill, A Bank of America Company, and I entered my account number.
Next is "Do these sales include any employee stock, which includes ESPP, RSU, NQSO and ISO?"
I answered yes because mine are Cashless Sell of a Non-Qualified Stock Option.
Then it asks how many sales are on your 1099-B form. I clicked on "more than a few sales (4+) because there are 5 under Short Term Capital Gains and Losses - Covered Transactions and 1 under Long Term - Covered.
Then it recommends entering the sales one by one.
So my question to you, the community, is should I enter one by one or the sales total instead?
I had entered them before one by one and that's what I think I should do but want to make sure I'm doing it correctly and to ensure the best outcome for me.
