Skip to main content
Level 2
March 1, 2020
Question

1099B

  • March 1, 2020
  • 1 reply
  • 4 views

I received a total distribution from my employee stock ownership plan and was issued a 1099B.

When I went to enter my info on Turbo Tax for the 1099B it didn't give me a place to enter Box 4, Federal Income tax withheld.  How do I get this entered?

    1 reply

    March 1, 2020

    in the 1099-B the federal tax withheld is entered on line 10 for any sale. 

    martyc53Author
    Level 2
    March 1, 2020

    How do I get to Line 10 to make the entry?

    Level 14
    March 1, 2020

    If the amount is for the federal tax withholding, you would enter it as estimated tax payment in the program:

     

    In the TurboTax program, 

     

    1.  Sign back into the program and select Pick up where you left off

    2.  At the right upper corner, in the search box, type in estimates paid and Enter

    3.  Select Jump to estimates paid

    4. On the screen, Estimates and Other Income Taxes Paid, scroll down to select the section and enter information

     

    @martyc53