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New Member
posted Jul 5, 2020 4:35:03 PM

Where do I enter my 1099-B?

I have a 1099-B that states that it is"Net Long Term Capital Gains And Losses for $3000.00"
Where do I record this?

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2 Replies
Level 15
Jul 5, 2020 4:54:49 PM

  • login and click on ....
  • Federal Taxes tab.
  •  Wages & Income
  • Scroll down to Investment Income.
  • At subtopic Stocks, Bonds, Mutual Funds click START (or revisit).

Expert Alumni
Jul 5, 2020 5:06:20 PM

Form 1099-B is included in TurboTax Premier, TurboTax Live Premier, Self-Employed, and TurboTax Live Self-Employed (online) and in all personal CD/Download versions of TurboTax.

Form 1099-B (Proceeds from Broker and Barter Exchange Transactions) reports the sale of stocks, bonds, mutual funds, and other securities.   Here's where you enter or import your 1099-B in TurboTax:

 

  1. Open (continue) your return if it isn't already open.
  2. In TurboTax, search for 1099-B and then select the Jump to link in the search results.
  3. Answer Yes to Did you sell stocks, mutual funds, bonds, or other investments in 2019?
    • If you see Here's the info we have for these investment sales, select Add More Sales.
  4. Answer Yes to Did you get a 1099-B or brokerage statement for these sales?
  5. At Let's get your tax info, choose how you want to enter your 1099-B (import or type it in yourself).
  6. Follow the instructions.

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