Retirement tax questions

You will enter the liquidation as if you were entering a 1099-B.

Go to Wages & Income

1. Scroll to Investments and Savings

2. Select Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B)

3. Time to kick off your investments! = Okay

4. Time to kick off your investments! = Continue

5. Let's import your tax info = Enter a different way

6. There are five boxes available

   1. Interest

   2. Dividends

   3. Stocks, Bonds, Mutual Funds

   4. Cryptocurrency

   5. Other

7. You will select Stocks, Bonds, Mutual Funds

You will then go through an interview process to describe the sale.

You will have to have information about

• How you acquired the asset. (Purchased, gift, etc.)
• Is it Long/Short term
• It was not reported to IRS
• Date of sale
• Proceeds (Liquidation amount).
• Purchase date
• Purchase price