Form 1099-B is the form your broker sends you. It reports your investment sales. You report the information on your Form 1099-B on your tax return by completing Form 8949. To enter your Form 1040 in TurboTax:
- Click on "Search"
- Type "1099-B" in the search window and hit "Enter"
- Click on "Jump to 1099-b"
- Answer "Yes" to Did you sell any investments in 2024?
- Answer "Yes" to "Did you get a 1099-B or a brokerage statement for these sales?"
- You can either download your 1099-B information or Enter it yourself.
TurboTax will guide you through the rest of the process of reporting your investment sales.
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