Inside turbo tax, how do i insert a loss from a sale that did not initiate a 1099B (E-trade)?

clarkalanmeyer · ‎March 28, 2025

I sold a worthless stock for a $4000 loss.

MayaD

To report the worthless stock:

Go to Wages and Income
Go to Investments and Savings (1099-B, 1099-INT, 1099-DIV, 1099-K, Crypto)
If you land on the screen Let’s finish pulling in your investment income, select Add Investments.
Select Enter different Way
Select Stock, Bonds, mutual Funds
On the following screen for the Broker name, type in something descriptive, like “Options” in the box, and leave the account number blank.
Answer the questions until you get to the screen Review this xx sale
On the sales section select Long/short term Did not receive 1099-B form
Enter all information and enter 0 for the Proceed.

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