You'll need to sign in or create an account to connect with an expert.
Here is the recommended description information from TurboTax, but you certainly can use the stock symbol instead of the long name.
Enter a description of the investment sold. A broker may provide a description in Box 1a of Form 1099-B or equivalent. If this is a security normally sold in shares or units, we recommend including the number of shares/units in the description.
For example:
- 20 shares of XYZ Company
- 100 shares of S & P Index Mutual Fund
Here is the recommended description information from TurboTax, but you certainly can use the stock symbol instead of the long name.
Enter a description of the investment sold. A broker may provide a description in Box 1a of Form 1099-B or equivalent. If this is a security normally sold in shares or units, we recommend including the number of shares/units in the description.
For example:
- 20 shares of XYZ Company
- 100 shares of S & P Index Mutual Fund
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.
user17673822168
Returning Member
George--Garton
New Member
weekslp46
New Member
brandyn718
New Member
bek1home
New Member