DianeW777
Employee Tax Expert

Get your taxes done using TurboTax

This income is considered investment income and will be reported as a stock sale for capital gain treatment as noted in our earlier discussion.  You should be receiving a Form 1099-B to report the sale and of course you will have your cost basis. 

  • Federal Taxes tab (or Personal, if working in TurboTax Self-Employed/Home & Business), > Wages & Income, > Investment Income, > Stocks, Mutual Funds, Bonds, Other.  Follow the prompts to enter the 1099-B information.
    • You will have the option to import, however I suggest you enter it yourself in your situation.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"