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saconners
New Member

How do I delete a 1099 B Investment sale. I erroneously entered it twice?

 
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1 Reply
JohnB5677
Expert Alumni

How do I delete a 1099 B Investment sale. I erroneously entered it twice?

If you entered a transaction by mistake you certainly can clear it out.

 

The income from investments on a 1099-B are posted to the Income & Expenses area of the return.

  1. Scroll to Stocks, Mutual Funds, Bonds, Other
  2. Answer Yes to Did you sell stocks, mutual funds, bonds, or other investments in 2020?
  3. On the OK, what type of investments did you sell? screen, select Stock, Bonds, Mutual Funds. Then select Continue.
  4. From here, you can import or manually enter your 1099-B.
  5. Select that you will enter it yourself.
  6. Answer the questions about your sales. Choose to Enter sales one by one when asked.
  7. On the Now, we'll enter one sale on your 1099-B screen, select the record that you want to clear.
  8. Select the Trash Can on the right hand side.
  9. Confirm that you want to delete the record.

After deleting the record confirm that it is gone and that you only have one original record.

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