turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

caulder47
New Member

My 2022 income is showing income from a 1099-B but I didn't have a 1099-B this year. Where is Turbo Tax pulling this number?

Turbo Tax is calculating that I need to pay additional tax this year and this erroneous 1099-B is part of that.  How do I correct this?
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies

My 2022 income is showing income from a 1099-B but I didn't have a 1099-B this year. Where is Turbo Tax pulling this number?

Delete the Form 1099-B

 

Click on Tax Tools on the left side of the online program screen

Click on Tools

Click on Delete a form

caulder47
New Member

My 2022 income is showing income from a 1099-B but I didn't have a 1099-B this year. Where is Turbo Tax pulling this number?

This is the kicker - in that Forms list there is no 1099-B shown!

My 2022 income is showing income from a 1099-B but I didn't have a 1099-B this year. Where is Turbo Tax pulling this number?


@caulder47 wrote:

This is the kicker - in that Forms list there is no 1099-B shown!


Then you will need to go through the Investment Income section to see where the amount is being generated.

When asked if you have an investment sale, for this issue answer Yes to see if you can get to a screen to delete any entries.

 

To enter an investment sale from a brokerage account (1099-B), follow the steps below.

  • 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, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B), click the start or update button

Or enter investment sales in the Search box located in the upper right of the program screen. Click on Jump to investment sales

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question