Not sure if this is available in the online version, but if the type is A (short-term - proceeds and cost reported to IRS with no adjustments) or type D (same as A but for long-term gains or losses)
Only for transactions where you got a 1099-B and the Type is either A (short-term – proceeds and basis (covered) reported to IRS with no adjustments or Type D (same as A but for long-term trades). Not for employee stock sales
Click on icons as needed. In xome cases you’ll need to click on continue to get to the next page
Under investment section > stocks > visit all or update
- Next - add investments
- Next - skip import
- Next - select the stock and bonds box
- Next - enter the brokerage name or anything you want for this. It’s not used
- Next - employee stock – no
- Next - more than 3 sales – yes 4+ (even if not true
- Next – other type of investment - no
- Next – did you buy every investment – yea
- Next – select sales section total box
- Next -Read the page then continue
- Next – select from the drop-down in the sales section - must be either “short-term basis reported to the IRS (covered)” or “long-term basis reported to the IRS (covered)
- Next – enter proceeds and cost for type selected then continue
- Next select the “add another sales total if you have trades of the other type
These totals go to Schedule D lines 1a (ST) or 8a (LT). Details of the trades do not need to be furnished to the IRS and there would be no Forms 8949
You also have the option if your FI partners with TurboTax to import the transactions, but each trade they will go on Form 8949
