You can enter a summary for each sales category. Your brokerage statements should include a summary of your transactions, grouped by sales category, for example, Box A short-term covered or Box D long-term covered. This is an option instead of entering each transaction.
You'll enter the summary info instead of each individual transaction. Follow the steps below:
- Open or continue your return (if it's not already open) and search for stock sales
- Select the Jump to link in the search results
- Answer Yes to Did you sell any investments in 2022?
- If you land on Here’s all the investment accounts we have so far, select Add more sales
- Answer Yes to Did you get a 1099-B or a brokerage statement for these sales?
- On the screen Let Us Enter Your Investment Sale Info, select I’ll type it in myself and Continue
- Enter the name of your bank or brokerage on the screen Which bank or brokerage sent you this form? and Continue
- On the screen Tell us about your 1099-B, select I’ll enter a summary for each sales category
- You'll now be able to enter the total proceeds (sales) and cost basis, along with the sales category. Refer to your 1099-B for the amounts and category. When finished, select Continue
- On the screen Do you have another sale to enter from your 1099-B? select Yes to enter more sales from your 1099-B, or No to see a summary of the sales you already entered, then select Continue
- Once you’ve entered all the sales on your 1099-B, you’ll see a summary of all the sales reported. Select Done
@JRomer
