ColeenD3
Expert Alumni

Retirement tax questions

Please see this answer from JohnB5677:

 

There is not a specific place to post a 1099-LS.  However, to take advantage of the premium payments we will post it to Investment.

  1. INCOME
  2. I'll choose what I work on
  3. Scroll down to Investment income
  4. Select Stocks, Bonds etc...
  5. No you did not get a 1099-B
  6. Type of investment you sold Everything Else
  7. Description is 1099-LS Life Ins., Amount and Date
  8. It may ask for the date a second time
  9. You Purchased the property
  10. Now you can post cost basis and date

It would appear you don't do anything with 1099-SB. Please see this LINK for more information.

Also see the lack of instructions on the back of the form. 1099-SB

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