Form 1099-B

[ronfob]

My wife transferred 2 stocks from the companies who were holding them in the company shareholder accounts into a broker account and issued 2 Form.1099B with all the boxes filled in with the related numbers. I assume I just fill all the same numbers in Form 1099's into Turbotax & it does the required tax calculations? Where do I find the Form 1099B's in Turbotax. I always print my tax returns and mail them because I still do not trust sending Federal and State returns on line because of how sophisticated the hackers are getting. Also I had problems wit parts of Turbotax last year.

[DavidD66]

To report your Forms 1099-B in TurboTax Online:

• In the income section, Select Investments and Savings....
• On the page "Did you have investment income in 2024?"  Answer Yes
• On the page "Let's Import your tax info" you can either start the process to import your forms, or if you prefer, click on "Enter a different way" to manually enter your Forms 1099-B

Whether you choose to import your forms or enter them yourself, the program will guide you through the process.  

You should strongly consider e-filing your tax returns.  It is safe and secure.  

[ronfob]

Thanks DavidD66, for the quick reply. I wish that Turbotax would still offer the CD which I have used since 2011. Last year I ordered from Amazon & had to pay a local computer expert to install it. Last year a problem occurred doing Turbotax . When I called, the first two Turbotax women said it was my computer and hung up. Luckily the third Turbotax women listened, went through the federal & state programs and fixed the problems. I have been using Turbotax Premier  since 2011 but that experience and the lack of a CD has made me hesitant to use it this year.

[DoninGA]

@ronfob Just to let you know there is a 2024 CD available if you have the license code from the download program.  The CD is $10 - https://turbotax.intuit.com/lp/ttd/4021/

[ronfob]

Thanks DoninGA, I use a laptop that can use CD's. I would first order the 2024 Turbotax Premier for desktop?

[DoninGA]

@ronfob Yes, you would need to purchase one of the TurboTax desktop editions for 2024 so that you can get a license code - https://turbotax.intuit.com/personal-taxes/cd-download/

Note - Once you purchase the CD it s mailed to you and could take up to 10 days to reach your address.