I have a sale of stock for a loss.. 1099-B does not have cost basis...Where do I enter cost basis so I can show a loss on the sale of stock?

[DoninGA · Accepted solution]

The cost basis is entered when you are entering the investment sale from the Form 1099-B into the Investment Income of the program.

To enter an investment sale from a brokerage account (1099-B), follow the steps below.

• Click on Federal Taxes (Personal using Home and Business)
• Click on Wages and Income (Personal Income using Home and Business)
• Click on I'll choose what I work on (if shown)
• Under Investment Income
• On Stocks, Mutual Funds, Bonds, Other, click the start or update button

Or enter investment sales in the Search box located in the upper right of the program screen.  Click on Jump to investment sales