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Get your taxes done using TurboTax
The "Jump to" feature will only work if you are inside the input sections of the program.
Assuming this sale was not for your principal residence, you will enter this into the federal section of the program as follows.
- Select Income & Expenses
- Scroll down to All Income and select Investment Income
- Select Stocks, Mutual Funds, Bonds, Other
- Select Add more sales
- Proceed through the questions and enter the information as prompted
Be sure to select No when asked if you received a 1099-B Form. This form is used to report stock sale transactions and will not apply here.
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‎February 7, 2021
11:08 AM