JamesG1
Employee Tax Expert

Retirement tax questions

The transaction may be entered manually.  In TurboTax Online Premium, you may enter the transaction by following these steps:  

     

  • Down the left side of the screen, click Federal.
  • Down the left side of the screen, click Wages & Income.
  • Scroll down to Investments and Savings and click the down arrow to the right.
  • Click Start / Revisit to the right of Stocks, Cryptocurrency, Mutual Funds, Bonds, Other.
  • Click Add investments.
  • At the screen Let's find your account, click Enter a different way.
  • At the screen How do you want to add your docs?, click Type it in myself.
  • At the screen OK, let’s start with one investment type, select Digital AssetsContinue.
  • At the screen Let's get started typing in your digital asset info, enter the information. Click Continue.
  • At the screen Did you get a 1099-DA?, select Yes.
  • Do you have more than three sales on your 1099-DA, click No.
  • Did you buy every investment listed on your 1099-B, click Yes.  Click Continue.
  • At the screen Now, choose how to enter your sales, select One-by-one.  Click Continue.
  • At the screen Next, we'll start entering sales from your sales on your 1099-DA, click Continue.
  • At the screen Let's start with your first sale, enter information. Click Continue.
  • At the screen Let us know if any of these situations apply, click Continue.


 

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