Enter every trade on Schedule D. The program will calculate the overall gain or loss. Follow the steps below.
Enter your W-2 exactly as it appears and your 401k contribution will be taken into account.
To enter an
investment sale from a brokerage account (1099-B),
follow the steps below.
• Click
on Federal Taxes (Personal using Home and Business)
• Click
on Wages and Income (Personal Income using Home and Business)
• Click
on I'll choose what I work on (if shown)
• Under
Investment Income
• On
Stocks, Mutual Funds, Bonds, Other, click
the start or update button
