We sold a CD and it's asking what type of investment did we sell? The options are: - stock (non-employee), mutual fund, index fund, or ETF, bond or options.

[ramusco]

It doesn't seem like any of these options work.

[AnnetteB6]

If the sale was reported on Form 1099-B, then enter it as if it were a stock sale.  This requires a description, purchase date, sale date, purchase price, and proceeds from the sale.  Form 1099-B may also show a category that will be entered to indicate whether the basis and the holding period were reported to the IRS that will also need to be entered.

If the sale was reported on another form, then enter it in the 'Other' category that shows second homes, land, and personal items as the examples.  Using that section you can select 'Other' as the type of investment.  Then enter the other details of the sale similar to the information needed for selling a stock.  

Using either method will report the sale and any gain or loss on Schedule D.

[ramusco]

The CD sale was reported on 1099-b but the interest from the CD sale was reported in 1099-INT. So I should put stock as the option even though it was a CD?

[Rick19744]

Did you actually "sell" a CD or did your CD just mature?

[ramusco]

The CD just matured.

[DianeW777]

It's easy to report it as a sale of stock or your can select 'other' if you choose. Either way you will get long term capital gains if you held it more than one year. 'CD' isn't an actual selection either way, even though they are reported just like stocks or bonds at redemption. 

To enter your sale in TurboTax, follow these steps. 

1. Open or continue your return.
2. Navigate to the investment sales section:
   • TurboTax Online/Mobile: Go to investment sales. If using this application, make sure it is open
   • TurboTax Desktop: Search for investment sales and then select the Jump to link.
     • Or Personal Tab > Continue > I'll choose what I work on > Scroll to Investment Income > Select Stocks, Cryptocurrency, Mutual Funds, Bonds, 1099-B or Other It allows you to select  Bond or Other as the type of investment.
3. Answer Yes to the question Did you sell any of these investments in 2025? 
   • If you land on  the Investment sales summary or Your investments and savings screen, select Add More Sales or Add investments.
   • Click this link for more information. Where do I enter Investment Sales?

@ramusco