Solved: I entered1099-B. Before we cashed out the $9600.00 we already paid tax on it. We have Gains of $900 that I entered. Do I need to input any other info. from the 1099-B
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wpastoria
New Member

I entered1099-B. Before we cashed out the $9600.00 we already paid tax on it. We have Gains of $900 that I entered. Do I need to input any other info. from the 1099-B

 
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MarilynG
Level 11

I entered1099-B. Before we cashed out the $9600.00 we already paid tax on it. We have Gains of $900 that I entered. Do I need to input any other info. from the 1099-B

TurboTax will ask you to enter Date Purchased/Date Sold (to determine Short or Long term), Cost, and Sale Price (to determine Gain or Loss) from your 1099-B.  Sounds like you have done this correctly.

Here's more info:

https://ttlc.intuit.com/replies/4789365

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
MarilynG
Level 11

I entered1099-B. Before we cashed out the $9600.00 we already paid tax on it. We have Gains of $900 that I entered. Do I need to input any other info. from the 1099-B

TurboTax will ask you to enter Date Purchased/Date Sold (to determine Short or Long term), Cost, and Sale Price (to determine Gain or Loss) from your 1099-B.  Sounds like you have done this correctly.

Here's more info:

https://ttlc.intuit.com/replies/4789365

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

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