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DW4
New Member

1099 MISC for a sale of stock?

How do I enter 1099 MISC for sale of stock?

Stock sale was handled by law firm and not brokerage firm - so on a 1099 MISC and not a 1099-B

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Accepted Solutions
IreneS
Intuit Alumni

1099 MISC for a sale of stock?

UPDATED FOR TAX YEAR 2019

 

You can enter the sale of stock reported on a 1099-MISC using these steps:

 

  1. Click on Federal > Wages & Income  
  2. In the Investment Income section click on the Start/Revisit box next to Stocks, Mutual Funds, Bonds, Other.   
  3. If you have already entered some investment sales, you will see a screen Your investment sales summaryClick on the Add More Sales link.  
  4. On the screen, OK, what type of investments did you sell?  click the Other box and then click Continue.
  5. Continue through the screens, entering the requested information.

 

[Edited | 4/13/2020 |  1:04pm PDT]

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1 Reply
IreneS
Intuit Alumni

1099 MISC for a sale of stock?

UPDATED FOR TAX YEAR 2019

 

You can enter the sale of stock reported on a 1099-MISC using these steps:

 

  1. Click on Federal > Wages & Income  
  2. In the Investment Income section click on the Start/Revisit box next to Stocks, Mutual Funds, Bonds, Other.   
  3. If you have already entered some investment sales, you will see a screen Your investment sales summaryClick on the Add More Sales link.  
  4. On the screen, OK, what type of investments did you sell?  click the Other box and then click Continue.
  5. Continue through the screens, entering the requested information.

 

[Edited | 4/13/2020 |  1:04pm PDT]

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