In filling out Form 1099-B, all of my fund totals come from automatic withdrawals. That's not an option you give. I haven't sold stock, bonds, etc.
You'll need to sign in or create an account to connect with an expert.
The full description of the option in TurboTax is Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B). What problems are you experiencing reporting information from an IRS Form 1099-B Proceeds?
In TurboTax, 1099-B Proceeds statements may be entered by hand or entered as a summary document. In some cases, a file may be uploaded from your computer.
You are able to report a tax statement by following these steps:
What do you mean by "automatic withdrawals"? If you withdraw money from a mutual fund account, automatically or otherwise, you have sold shares of the mutual fund. You enter the 1099-B the same as you would for any sale of stock, bonds, or mutual funds.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.