Investors & landlords

You can report the stock redemption as an investment sale even though you did not receive a 1099-B

To enter the information without a 1099-B:

• In TurboTax, click on Wages and Income
• Scroll down to Investment Income
• Choose Stocks, Mutual Funds, Bonds, Other, and select Start or Update
• The first screen will ask if you sold any investments during the year, answer yes
• Did you get a 1099-B or a brokerage statement for these sales? Answer No
• Tell us about the sale, Click I'll enter one sale at a time
• The drop-down boxes can be filled out with the details of the stock redemption from your records

1. Description
2. Date sold
3. Sales proceeds
4. Cost basis

Please see the example below for a long-term sale without a 1099-B in TurboTax with Land as an example, use your information for the investment type