turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Sold stock where to enter

Let's try this again. I've had stock that  split many times over the years but I never sold any of it. This year I sold off some Warner brothers. Stock that was recently split.... a couple hundred dollars.

 

I'm guessing this needs to be entered in turbotax under the 'did you sell any of these investments in 2023' area under stocks and bonds. However, I have not received any of the forms they list like 1099b, 3921 etc.

 

I did receive a statement from Warner brothers through computershare who is I guess who sold the stock and it shows the number of units sold, the price per share, the growth of the sale, the fees, the net amount of sale, the covered cost basis, the long term gain or I guess it looks like I have about a two hundred dollar loss. However this Statement does not say 1099B or 3921 or anything such as that. So am I still waiting for something to come in the mail? Or do I use this to enter the information in turbotax etC.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies

Sold stock where to enter

you may not get a 1099-B because the proceeds were less than $600. you can always contact Computershare who is probably the reporting agent.   never-the-less you would be wise to report the sale to take the loss.  

Sold stock where to enter

So just type the info in as thought it were a 1098B...or some other form? Where do I enter it?

DianeW777
Expert Alumni

Sold stock where to enter

Yes, it is still an investment sale.  It is reported by using the steps below.

  1. Use the Search (upper right) > type 1099b > Select the Jump to ... Link (even though you did not receive a 1099-B)
  2. Select Yes you sold investments or Add another investment
  3. Select Stocks, Bonds, Mutual Funds > Continue > Skip Import > Continue
  4. Complete the Broker name and Continue until you reach the screen 'Now choose how to enter your sales'
  5. Select One by one > Continue > Enter the detail of your sale
  6. Enter your holding period (long or short term basis not covered).
    1. Long term: held more than one year (one year plus one day)
    2. Short term: held one year or less

@confusedrf 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question