Calculation of cost basis for multiple buys and sells of a stock and how to fill the multiple stock information in turbortax without the 1099 form

[sikaozhe]

I bought some units of stock in a foreign country three times in 2018 and sell 2/3 of them in 2019. May I know how should I get the cost basis for the stock? I did not have the 1099 form, so I need to type it myself. I could not find the option for multiple sells of stock in turbotax. Would someone give some suggestions on how to fill the information about the multiple buys and partly sells of stock? Thanks a lot.

[JamesG1]

Do you have sales and purchase records to report your stock basis, purchase date, sales proceeds and sell date?

If this information is available, you can determine the cost of the investment sold through the first-in, first-out (FIFO) method.  See this explained in this TurboTax Help under Capital Gains & Losses.

You are able to report the sales by following these steps.

• Down the left side of the screen, click Federal.
• At the top of the screen, click Income & expenses.
• Under Your income and expenses, click the Edit/Add button to the right of Investment income.
• Click Start/Revisit to the right of Stocks, mutual funds, bonds, other.
• Click on Add more sales.
• At the screen Did or will you receive a 1099-B form, click No.
• At the screen Tell us more about this sale, describe the sale.
• At the screen Now we’ll walk you through entering your sale details, enter the sales information.