AnnetteB6
Expert Alumni

Investors & landlords

Yes, you can enter a summary of the categories of sales reported on your Form 1099-B.  TurboTax will give you guidance at the end of the section about whether you will be required to provide a copy of your Form 1099-B to the IRS or not.

 

As you work through the Form 1099-B section of your return TurboTax will ask if you want to enter each transaction or just a summary.  Choose the summary option and follow the instructions on the screen.  

 

Use these steps to get started:

  • On the top row of the TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner)
  • This opens a box where you can type in “1099-B” and click the magnifying glass (or for CD/downloaded TurboTax, click Find)
  • The search results will give you an option to “Jump to 1099-B
  • Click on the blue “Jump to 1099-B” link
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