Does DELUXE desktop version import 1099-B investments and generate Schedule D ?

[PRAIRIEMAN]

If I purchase the DELUXE desktop version, will I be able to import my retirement investments data from my brokerage company (UBS) and will it generate a Schedule D?

[HelenC12 · Accepted solution]

Yes, you could use any TurboTax CD\Download version to import 1099-B transactions and generate Schedule D. You can also import your 1099-R forms. UBS is a TurboTax import partner. 

• Whenever you sell a capital asset held for personal use at a gain, you need to calculate how much money you gained and report it on a Schedule D.
• Depending on your situation, you may also need to use Form 8949.
• Capital assets held for personal use that are sold at a loss generally do not need to be reported on your taxes.  The loss is generally not deductible, as well.