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copa2924
New Member

no box for loss not reported to IRS

1099B On long term transactions reported to iRS why is there no box for loss not reported to IRS
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1 Reply
JamesG1
Expert Alumni

no box for loss not reported to IRS

Are you entering summary information instead of each individual transaction?

 

 

You may enter the summary information instead of each individual transaction.  Create a .PDF of the IRS form 1099-B to upload into TurboTax Online.       

 

You may enter an individual transaction by using the One by one method.

 

 

 

 

  1. Down the left side of the screen, click Federal.
  2. Down the left side of the screen, click Wages & Income.
  3. Click the down arrow to the right of Investments and Savings.
  4. Click to the right of Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B).
  5. Click Add investments.
  6. On the Let's import your tax info screen, select Enter a different way.
  7. On the OK, let's start with one investment type screen, select Stocks, Bonds, Mutual Funds, then Continue.
  8. At the screen Which bank or brokerage, enter the information.  Click Continue.
  9. Do these sales include any employee stock, enter No.
  10. Do you have more than three sales, enter Yes.
  11. Do these sales include any other types of investments, enter No.
  12. Did you buy every investment listed, enter Yes.  Continue.
  13. On the screen Now, choose how to enter your sales, select Sales section totals or One by one.

 

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