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1099B investment sales download

I have desktop version.  On 1099B download.  In TT sales information review screen there is a question:  "What type of investment did you sell?"   The Options include:  stock (non-employee) and mutual fund.  The Download categorized all sales as "stock", when they are actually mutual funds.  I cannot find any guidance in IRS forms or on turbo tax as to if this would cause an issue.  Or can I just let it go. There are over 50 individual entries.  Or is it best to just delete the download individual entries and re-enter manually in summary from my 1099B?

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JulieS
Expert Alumni

1099B investment sales download

No, you don't have to delete anything. For tax purposes, sales of mutual funds are reported the same as sales of stock. 

 

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2 Replies
JulieS
Expert Alumni

1099B investment sales download

No, you don't have to delete anything. For tax purposes, sales of mutual funds are reported the same as sales of stock. 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

1099B investment sales download

Thank you JulieS.  I was hoping that was the case and wanted to make sure.  

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