ThomasM125
Expert Alumni

Investors & landlords

You need to enter that as an investment sale in TurboTax, by listing the sales proceeds as $0 and the cost basis as what you paid for the shares. If any income was reported as taxable to you on your W-2 form, you need to add that to whatever other money you paid to come up with a basis of shares sold.

 

You enter an investment sale in TurboTax as follows:

  1. Investment Income
  2. Stock, Mutual Funds, Bonds, Other
  3. Indicate that you didn't receive a form 1099-B
  4. Enter the sales in summary form
  5. Enter the proceeds, cost basis and holding period

 

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