topic Re: Schedule D in Get your taxes done using TurboTax

Schedule D

agaudio23 — Fri, 12 Mar 2021 14:11:06 GMT

Hi,

I have sold collectibles on some websites for which I have received 1099-k forms. These items were sold at a loss to make a quick cash grab. If i were filing by paper i would list the sales and costs on a US 1040 Schedule D form. To declare capital gains and losses. However, I am using turbotax premier and when i try to enter capital gains and losses it only allows me to enter such for stock and or securities. Is there a way to to enter the sales and costs so that would turbo tax will fill out a schedule D for the itemized sales that were sold as longterm losses/and or gains. I would appreciate any help. thanks very much. All the best and God bless!

Re: Schedule D

fanfare — Fri, 12 Mar 2021 15:24:10 GMT

select 'I'll type it in myself".

Since you don't have a 1099-B your sales category is C or F.

Re: Schedule D

agaudio23 — Fri, 12 Mar 2021 16:07:07 GMT

Where do i select "I'll enter it myself"?

Re: Schedule D

agaudio23 — Fri, 12 Mar 2021 17:02:10 GMT

Okay i figured out where to enter this, but How do i change the name of the financial institution See attachment so that i could add a specific description of the items.

Re: Schedule D

Katina S — Tue, 16 Mar 2021 00:32:05 GMT

There isn't an attachment with your post. If you were attempting to attach a picture or screenshot, we don't see it. Please give it another try so we can check out exactly what you are referring to.