Where to enter investment account information

[Marketstar · Accepted solution]

You are not required to enter investment account information unless you earned interest, dividends, or capital gains in 2016 outside of a qualified retirement account such as an IRA or 401(k).

For instance, if you sold stocks or bonds in 2016 that are not in a qualified retirement account, you would enter in the following area:

• Click on Federal Taxes (Personal using Home and Business)
• Click on Wages and Income (Personal Income using Home and Business)
• Click on I'll choose what I work on (if shown)
• Under Investment Income
• On Stocks, Mutual Funds, Bonds, Other, click the start or update button

[sherard1]

Does this still stand in the tax year 2021?

[VolvoGirl]

Yes.  What investment income do you have?   If it's inside a IRA or 401K you don't report it.