☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 1
posted Feb 18, 2021 8:22:36 AM

I live abroad, and my local broker does not issue 1099-B. How do I report stock sales?

I live abroad, and my local broker does not issue form 1099-B. Therefore, I do not have a 1099-B. What should I do? 

I saw posts by @RayW7  that suggested to "Answer NO to Did you get a 1099-B or brokerage statement for these sales?" Yet I did not encounter this question throughout filing the return.

 

0 2 333
2 Replies
Level 15
Feb 18, 2021 8:49:05 AM

I know you don't have a 1099-B, but this will get you to the right place in TurboTax. In the Search box type 1099-b, then click the link that says "Jump to 1099-b." That will take you to a screen that asks "Did you sell any investments in 2020?" Click Yes, and the next screen will ask whether you got a 1099-B. Click No and proceed from there to report the sales.

 

Level 1
Feb 18, 2021 8:51:11 PM

@rjs , Thanks for your reply! Unfortunately, I did not encounter the question that asked me if I received my 1099-B after I answered Yes to "Did you sell any investments in 2020?" I was still required to upload my 1099-B.