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how do i delete capital gains

how do i delete capital gains
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1 Reply
DianeW777
Expert Alumni

how do i delete capital gains

It depends. If you do not have any capital gains or you need to delete some of your entries use the instructions below to delete the investments you want to remove.

 

Enter the information in TurboTax by using the steps below. 

Open your TurboTax Online return:

  1. Select Tax Home on the left panel > Select any Income category or Pick up where you left off
  2. Select Tax Tools > Tools > Select Topic Search > Type 1099b  > Select GO (should be landed on 1099b)
  3. Select the trash can beside each one you want to delete 
  4. Continue to review each investment 

Open your return in TurboTax Desktop:

  1. Select Personal Income > Scroll to Investment Income > Select Stocks Cryptocurrency, Mutual Funds, Bonds, Other
  2. Start or Update > Continue to follow the prompts to enter or delete your 1099-B details

The sale of any investment is required to be included with your tax return, gain or loss.  Information from the link below may be helpful

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