Deductions & credits

You will enter this information into TurboTax in the federal interview section as follows:

1. Select Income & Expenses 
2. Scroll down through all income until you see Investment income 
3. Select Stocks, Mutual Funds, Bonds, Other 
4. Select Add more sales 
5. You will see the screen titled OK, what type of investments did you sell?  Be sure to select Other to report your 1099-S.

Proceed through the questions and enter the information as prompted.