turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

1099-B: Do I have to list each separate line items or can I just enter the column totals?

I have a 1099-B from a broker that lists 4 bonds on it.

 

All 4 bonds are in the "Box D" "Long Term sales with cost basis reported to the IRS" section.

 

Everything on them is correct and I don't have to make any adjustments.

 

Do I have an option to only enter the totals of each column in a single entry on the tax form instead of listing each bond separately or am I required to list each one?

 

Thanks.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
ThomasM125
Expert Alumni

1099-B: Do I have to list each separate line items or can I just enter the column totals?

You can list them as one summary entry since the cost basis was reported to the IRS.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
ThomasM125
Expert Alumni

1099-B: Do I have to list each separate line items or can I just enter the column totals?

You can list them as one summary entry since the cost basis was reported to the IRS.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question