Yes, you need to report gains even if you did not withdraw the money. Income is reported when dividends are received or when stocks/shares are sold, regardless of whether that money was withdrawn or not.
To report this in TurboTax, please follow the steps below:
- Click on Tax Home from the Left Menu.
- Click on Income & Expenses from the main screen.
- Scroll Down till you see the Section " Investments and Savings". Within this section you will be able to report your Dividend Income under 1099-Div and Capital Gains under 1099-B.
