topic how can I report capital gain/loss without 1099-B in Get your taxes done using TurboTax

how can I report capital gain/loss without 1099-B

klaxxi — Sat, 14 Feb 2026 03:02:25 GMT

How should I report my foreign capital gains/losses? My foreign capital gains/losses won’t have a Form 1099-B. I’m already using the Premium version, and there’s no option to enter this without a 1099-B. If I don’t upload a 1099-B, it forces me to mail documents to the IRS afterward. How can I resolve this?

Re: how can I report capital gain/loss without 1099-B

Mike9241 — Sat, 14 Feb 2026 06:12:06 GMT

TurboTax does not make this easy (almost impossible in interview mode), but in the jump to box type "capital asset sales" - no quotes.. That should open a worksheet where you can enter multiple transactions rather than go round and round for each transaction in interview mode.

For each transaction, you'll need to check two boxes: "no" 1) basis reported to IRS 2) reported on 1099-B

You must convert foreign currency to US currency if needed.

Re: how can I report capital gain/loss without 1099-B

kck24 — Tue, 17 Feb 2026 16:23:32 GMT

Since there is no longer a 'jump to' feature in the desktop version, how do I get to this?

I tried to change the Form 8949 that was auto generated to uncheck Part I Box B and check Box C instead but it does not allow any changes.

Any suggestions appreciated!

Re: how can I report capital gain/loss without 1099-B

JamesG1 — Mon, 23 Feb 2026 01:51:39 GMT

In TurboTax Desktop Premier, an IRS form 1099-B entry may be entered by following these steps:

Across the top of the screen, click Federal Taxes.
Across the top of the screen, click Wages & Income.
Click I'll choose what I work on.
Scroll down to Investments and Savings and click to the right of Stocks, Cryptocurrency, Mutual Funds, Bonds, Other.
At the screen Let's finish pulling in your investment income, click Add investments.
At the screen Let Us Enter Your Bank and Brokerage Tax Documents, click Skip import.
At the screen OK, let’s start with one investment type, select Stocks, Bonds, Mutual Funds. Continue.CC
At the screen Which bank or brokerage is on your 1099-B, enter the information. Click Continue.
Do these sales include any employee stock, click No.
Do you have more than three sales on your 1099-B, click No.
Do these sales include any other types of investments, click No.
Did you buy every investment listed on your 1099-B, click Yes. Click Continue.
At the screen Now, choose how to enter your sales, select One by one. Click Continue.
At the screen Now enter one sale on your XXX 1099-B, click Continue.
Select Short-term did not receive 1099-B form or Long-term did not receive 1099-B form.
Enter information. Click Continue.
At the screen Let us know if any of these situations apply to this sale, report as necessary.
At the screen Review your XXXX sale, repeat as necessary by clicking Add another sale. Click Continue.

@kck24

Re: how can I report capital gain/loss without 1099-B

user17741299694 — Sat, 21 Mar 2026 21:55:52 GMT

Still doesn't help going to skip import going to 1099-B just goes back to import.

I NEED to make an item with no institution.

It doesn't seem possible.

FYI: It's income from securities litigation - that can be treated as a capital gain not an ordinary gain.

How to do?

Re: how can I report capital gain/loss without 1099-B

JamesG1 — Mon, 23 Mar 2026 12:51:58 GMT

If the income should be treated as capital gain, then at the screen OK, let's start with one investment type, select Other.

In TurboTax Online Premium, you may enter the sales information by following these steps:

Click Add investments.
At the screen Let's find your account, click Enter a different way.
At the screen How do you want to add your docs?, click Type it in myself.
At the screen OK, let’s start with one investment type, select Other. Continue.
At the screen Tell us more about this sale, enter the information. Click Continue.
At the screen Now enter one sale for XXX, enter information. Click Continue.
Repeat as necessary by clicking Add another sale. Click Continue.

@user17741299694