1649753
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.

onhel411
New Member

Can I Input totals for Short Term and Long Term Gains/Losses rather than input each indv sale forFor 1099-B transaction?

Can I Input totals for Short Term and Long Term sales rather than input each indv sale for from 1099-B form?
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.

2 Replies
rjs
Level 15
Level 15

Can I Input totals for Short Term and Long Term Gains/Losses rather than input each indv sale forFor 1099-B transaction?

Yes, you can enter totals for each category, short-term or long-term, covered or noncovered. In TurboTax Premier, after you enter the name of the brokerage, you will get a screen with two choices: "I'll enter one sale at a time" or "I'll enter a summary for each sales category." Select the second option, and it will then give you boxes to enter the total proceeds and total cost, and select the sale category. After that screen, you will get a screen that asks if you need to enter another sale, meaning totals for another category. You have to enter separate totals for each category.

 

Can I Input totals for Short Term and Long Term Gains/Losses rather than input each indv sale forFor 1099-B transaction?

you can aggregate Cat  A or Cat D without adjustments.

all other transactions must be itemized.

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