How to enter 1099b - PROCEEDS FROM BROKER AND BARTER EXCHANGE TRANSACTIONS?

[Anonymous]

I received 1099b - PROCEEDS FROM BROKER AND BARTER EXCHANGE TRANSACTIONS. The form has entry in the Box1c, Box 1a, box1d, and Box 4. I have worksheet for 5 transactions of stock sold.

Please let me know how i can enter the information in Turbox premier desktop version?

[JohnB5677]

This is how to enter a 1099-B in Desktop TurboTax.

1. I'll choose what I work on
2. Investment Income
3. Stock, Mutual Fund, Bonds, Other
4. Did you sell any investments in 2020?  
5. Did you get a 1099-B
6. Select to I'll type it yourself
7. Enter Bank
8. I'll enter one sale at a time
9. Enter the stock data

[JasonAHamme]

Hi

I received a Form 1099-B

and on it I have values for only Box 1a and Box 5.

Box 1a is simple but how

do I enter Box 5 Non-Covered Securities on TurboTax?

When I access 1099-B on TurboTax I am presented with Box 1a-1e and nothing for Box 5

tk you Jay

[LeonardS]

You do not report Box 5 Form 1099-B on your tax return.  To verify follow these steps:

1. Check the Box for I have other boxes on my 1099‑B to enter
2. Click on the line What if my 1099-B has other boxes with info?
3. You will see the following information on your screen.

"If your 1099-B includes info reported in boxes that aren’t shown here, don’t worry about entering the info. This info doesn’t need to be added to your tax return".

@JasonAHamme