Deductions & credits

If you have a stock that has additional expenses that were not included in the cost basis, those expenses can be entered.

1. Open (continue) your return if it isn't already open.
2. Income & Expenses
3. Scroll to Stocks, Mutual Funds, Bonds, Other
4. Answer Yes to Did you sell stocks, mutual funds, bonds, or other investments in 2020?
   • If you see Here's the info we have for these investment sales, select Add More Sales.
5. Answer Yes to Did you get a 1099-B or brokerage statement for these sales?
6. At Let's get your tax info, choose how you want to enter your 1099-B (type it in yourself)
7. Select Edit next to the transaction that you want.
8. Complete the information on screen Now we’ll walk you through entering your sale details  Continue
9. The next screen will show Let us know if any of these situations apply to this sale 
10. Select 

    I paid sales expenses that aren't included in the sale proceeds reported on the form Learn more 

Enter the additional expense here.

Sales expenses are for any sales expenses you paid that were not already subtracted from the gross sale proceeds to get the amount of sale proceeds (reported in Box 1d if you have a 1099-B form).

Sales expenses aren't common for stocks and other securities (for securities, sales expenses are usually already subtracted from the gross proceeds to get the amount reported in 1d).