HelenC12
Expert Alumni

Get your taxes done using TurboTax

Yes, you could use any TurboTax CD\Download version to import 1099-B transactions and generate Schedule D. You can also import your 1099-R forms. UBS is a TurboTax import partner. 

  • Whenever you sell a capital asset held for personal use at a gain, you need to calculate how much money you gained and report it on a Schedule D.
  • Depending on your situation, you may also need to use Form 8949.
  • Capital assets held for personal use that are sold at a loss generally do not need to be reported on your taxes.  The loss is generally not deductible, as well.

 

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