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Level 1
March 18, 2021
Solved

Form 1099B

  • March 18, 2021
  • 2 replies
  • 19 views

How do I add Prepaid Federal Taxes from Form 1099-B, Block 4, into Turbo Tax?

Thanks!

    Best answer by DavidD66

    Expert Reviewed

    The screen where you enter investment sales reported on Form 1099-B, has an entry box for tax withheld.  To display that entry box. you  have to check the box to indicate "I have more info to enter that I don't see here".  When you check that, it triggers the program to display more entry boxes, including taxes withheld.  See screenshot below:

     

    1099-B Tax Withheld

    2 replies

    Mike9241
    Level 15
    Level 15
    March 18, 2021

    in Turbotax there is a tax payment worksheet where there's a place to enter withholding reported on 1099-B

    alternatively, the 1099-B worksheet also has lines for federal withholding

    Mike9241
    DavidD66Answer
    Level 15
    March 18, 2021

    Expert Reviewed

    The screen where you enter investment sales reported on Form 1099-B, has an entry box for tax withheld.  To display that entry box. you  have to check the box to indicate "I have more info to enter that I don't see here".  When you check that, it triggers the program to display more entry boxes, including taxes withheld.  See screenshot below:

     

    1099-B Tax Withheld

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    Level 2
    April 3, 2021

    I DONT have a DATE

    VolvoGirl
    Level 15
    April 3, 2021

    A Date for what?  You have added on to a post about 1099B withholding.