You'll need to sign in or create an account to connect with an expert.
Yes, you are required to report all income on a tax return. For the stock sale you will need to use the Premier online edition. Or any of the TurboTax desktop CD/Download editions.
You should receive a Form 1099-B from the broker who handled the stock sale in either late January or early February. The information from the 1099-B is entered on your tax return.
If you qualify you can use one of the 8 IRS FREE FILE options (AGI has to be $73K or less)... https://www.irs.gov/filing/free-file-do-your-federal-taxes-for-free
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
user17710141265
New Member
jh9kt
Level 1
ungmargaret
New Member
MrDolphin
Returning Member
Sausalito789
Level 2