Re: Schedule D how to fill out
cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Returning Member

Schedule D how to fill out

I need help making sure I am putting the right numbers where they belong please

1 Reply
Expert Alumni

Schedule D how to fill out

Many, but not all, Schedule D entries are reported from the information on IRS form 1099-B and the schedules that your broker enclose with the IRS form 1099-B.  They are all different and can be confusing.

 

Please follow these directions to enter a Federal form 1099-B.

  • Down the left side of the screen, click Federal.
  • Across the top of the screen, click Income & expenses.
  • Under Your income and expenses, scroll down to Investment income.
  • Click Show more to the right. 
  • Click Start/Revisit to the right of Stocks, mutual funds, bonds, other.
  • At the screen Here are all your investment sales, click Add more sales.
  • At the screen Did or will you receive a 1099-B form or brokerage statement for these sales?, click Yes.
  • At the screen Tell us more about this sale, enter the information requested.
  • At the screen Now we’ll walk you through entering your sale details, enter the information requested.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Privacy Settings