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Can I delete the 1099-b income info; I didn't sell or buy any stocks or does it need to stay in with a "$0" amount? It's asking me to Review but don't know what to enter?

 
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2 Replies

Can I delete the 1099-b income info; I didn't sell or buy any stocks or does it need to stay in with a "$0" amount? It's asking me to Review but don't know what to enter?

Form 1099-B is used to report the sale of stock. What is being reported if you did not sell anything? Even if you traded one stock for another, there must have been a sale first in order to do the switch.  What is in Box 1d?

 

MinhT1
Expert Alumni

Can I delete the 1099-b income info; I didn't sell or buy any stocks or does it need to stay in with a "$0" amount? It's asking me to Review but don't know what to enter?

Yes.

 

You should delete the form 1099-B if you did not sell any stocks in 2022. A form with 0 will force a review.

 

To delete that form 1099-B, follow these steps:

 

  1. In TurboTax, open your return
  2. In the left-hand column, locate Tax Tools, click on the drop-down arrow then click on Tools
  3. On the Tools Center  page, click on Delete a form 
  4. A list of forms will appear. Locate the Form 1099-B and click Delete next to it.
  5. On the next screen, click Delete Form

 

 

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