Proceeds from Broker and Barter Exchange Transactions

[reed5]

Where do I report an exchange of long-term transactions for which basis is not reported to the IRS

[JotikaT2]

You will need to determine what your cost basis and enter into the program even if your 1099-B form does not list the amount.

Make sure you have support for the amount you use as your cost basis so you can provide proof if ever requested.

[sharonlynnski]

Where exactly do I record this?  I recieved a 1099-B but am not sure where this transaction goes or if there is a wworksheet.

[KarenM90]

Here's where you enter or import your 1099-B in TurboTax.  The program will walk you through the entry manually, or you may be able to import it depending on the broker.

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.

Here is a link to a Help Article with more details:  Where do I enter my 1099B?