In TurboTax Online Premium, I was able to enter an individual transaction for an IRS form 1099-DA. Follow these steps.
- Down the left side of the screen, click Federal.
- Down the left side of the screen, click Wages & Income.
- Click the down arrow to the right of Investments and Savings.
- Click to the right of Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B). Click Add investments.
- On the Save time and connect your financial accounts screen, select Enter a different way.
- On the How do you want to add your docs? screen, select Type it in myself, then Continue.
- At the screen OK, let's start with one investment type, select Digital Assets. Click Continue.
- At the screen Let's get started typing in your digital asset info, enter the information. Click Continue.
- At the screen Did you get a 1099-DA from XXX?, select Yes. Click Continue.
- Answer the questions at the screen Tell us about the sales on your 1099-DA.
- Do you have more than three sales, enter No.
- Did you buy every investment listed, enter Yes. Continue.
- On the screen Now, choose how to enter your sales, select One by one. Select Continue.
- At the screen Next, we'll start entering sales from your 1099-DA, select Continue.
- You will now be able to enter the sales information. Report appropriate short-term or long-term transaction.
- Enter total proceeds, total cost, number of units, etc.
- Select I have other boxes on my 1099-DA to enter.
- Enter information in box 1a and box 3a.
- At the screen Let us know if any of these situations apply to this sale, you may select I paid sales expenses that aren't included in the sales proceeds reported on the form. Click Continue.
- Select Add another sale to add another entry.
- When finished, select Continue.
At what point did you encounter issues?
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
