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Level 5
February 20, 2025
Question

Form 1099-B

  • February 20, 2025
  • 1 reply
  • 4 views

For 2023 I started using the automatic updates for Form 1099 data.  This year I have received Form 1099s from Merrill Edge for money-market fund accounts (i.e., no stock or bond sales).  There are several Form 1099-Bs shown (one for each account), but there are no values shown, and hence nothing was entered into TT when I uploaded the forms.  They were non-covered transactions, according to the paper Form 1099s that I received, and each had a value of $5-$15.  Must these be entered manually?  I did not find a Form 1099-B in the TT list of Federal forms.  Do I enter these amounts manually, as if they were stock trades?

 

Thanks for your help!

    1 reply

    GGBJrAuthor
    Level 5
    February 21, 2025

    Problem solved.  When I rebooted the computer the Form 1099-B worksheets  appeared in the forms menu in an area where I was not accustomed to seeing them.

    My error!