2449018
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

How to report sale of collectible (painting) with no 1099b issued? Seems I can only report it under Investments -Other (1099b) when there is no 1099B.

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
RaifH
Expert Alumni

How to report sale of collectible (painting) with no 1099b issued? Seems I can only report it under Investments -Other (1099b) when there is no 1099B.

Yes, you will want to report this in the Other section of Investments if this piece of art was held as an investment and not something that you created. On the Now we'll walk you through entering your sale details, use the pull-down menu to select Collectible under What type of investment did you sell?

 

Using this screen will apply the appropriate tax treatment to this sale.

How to report sale of collectible (painting) with no 1099b issued? Seems I can only report it under Investments -Other (1099b) when there is no 1099B.

Thank you for your very helpful reply.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question