What if I only see a loss on 1099-B?

spantages3123 · ‎March 11, 2023

robtm · ‎March 11, 2023

You still need to enter the 1099-B data to claim the loss. This will cause you to update to Premier version as Deluxe does not handle 1099-B's.

PattiF · ‎March 11, 2023

Form 1099-B needs to be entered into your return even if there is only a loss reported. To enter the form in your return:

Go to Wages & Income

Scroll to Investments
Select Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B)
Answer Yes to "Did you sell any Investments? Answer "Yes" to "Did you get a 1099-B or brokerage statement?"
Enter the information on the 1099-B

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