Foreign capital gain without 1099-B

[gringuru]

hello, 

I am using Deluxe turbo tax version. 

I have Korean investment financial account and I have capital gain in 2024. 

so I would like to report this but when I tried to add them via "investment income -> add investment ->skip this import" I found out below. there is no option to input without 1099-B.

so I selected third option(stock, bonds, mutual funds) and add information and then I can see below. 

I don't have 1099-B document since it is Korean account... is it ok to report this way? 

(I couldn't send 1099-B to IRS)

or is there any way to report foreign capital gain other way? 

[DoninGA · Accepted solution]

No, do not use the option for a Form 1099-B.  You need to use the Other option and then just enter your investment type when reporting the Korean investment.

[gringuru]

thanks for advice.

how can I find out other option? I couldn't see it in investment section.

[gringuru]

thanks for advice.

how can I find out other option? I couldn't see it in investment section.

[JamesG1 · Accepted solution]

You may need to upgrade to Premium to report this income.  To enter the form manually In TurboTax Premium Online, follow these steps:

1. Down the left side of the screen, click Federal.
2. Down the left side of the screen, click Wages & Income.
3. Click the down arrow to the right of Investments and Savings.
4. Click to the right of Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B).
5. Click Add investments.
6. On the Let's import your tax info screen, select Enter a different way.
7. On the OK, let's start with one investment type screen, select Other, then Continue.
8. At the screen Tell us more, enter the information.  Click Continue.
9. On the screen Review this sale, enter the information.  Select Continue.
10. At the screen Let us know if any of these, select None of these apply.  Select Continue.

@gringuru