Have you tried this way to remove the forms?
To delete the Form 1099Bs in the TurboTax online version:
1. Sign into your account, select Pick up where you left off
2. Select Tax Tools, click on the drop down arrow
3. Select Tools
4. Under Other helpful links, choose Delete a form
5. Select Delete next to the Form 1099-Bs and Continue with My Return
When you receive a Form 1099-B, it generates capital gains taxes. Generally, when you sell something for more than it cost you to acquire it, the profit is a capital gain, and it may be taxable. On the other hand, if you sell something for less than you paid for it, you may have a capital loss, which you might be able to use to reduce your taxable capital gains or other income. Also note that:
- You pay capital gains taxes with your income tax return, using Schedule D.
- The data from Form 1099-B helps you fill out Schedule D and Form 8949 if needed.
For more information, click here: 1099-B
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