MargaretL
Expert Alumni

Deductions & credits

Yes, please report the sale as investment sale income, the profit is subject to capital gain tax.

  1. Federal Taxes 
  2. Wages & Income
  3. Scroll down to Investment Income
  4. Select Stocks, Mutual Funds, Bonds, Other – indicate that you have not received form 1099-B and continue through the interview. You will be prompted to enter the sale category as "everything else".