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Level 2
posted Feb 2, 2023 12:17:57 PM

How can I input manual capital gain in Self-Employed Turbotax? Let's Import Your Tax Info screen ->"Enter a different way" all I can do is Import. No I'll type it myself?

oops--all I get is the "Enter a different way" button- there is no "I'll type it myself.  I'm using the Online version of Self-Employed.

0 15 1529
15 Replies
Expert Alumni
Feb 3, 2023 6:22:22 AM

Yes, you are on the right track. Click "Enter a different way" and Continue. The next screen will have the option "I'll type it myself. 

Level 2
Feb 3, 2023 6:48:50 AM

Thanks for the reply. When I click Add Investments—>Continue—>Enter a Different way I get to a screen that makes me choose an investment type. If I click Continue without a selection it gives a red message to make a selection. So I chose Stocks,Bonds Mutual funds box which is related to a 1099-B.  Then all I can do is import.  I never see a button that says I’ll do it myself.

Expert Alumni
Feb 3, 2023 7:57:36 AM

On the screen that makes you choose an investment type there should be an option at the bottom of the page where you toggle between "import" and "type it myself".  You need to click type it myself before you click continue.

 

@briancostello1 

Level 2
Feb 3, 2023 8:44:59 AM

On the Import screen I see the Enter a different way button at the bottom and that is all. 

Level 2
Feb 3, 2023 8:47:23 AM

On the next page that lists Investments Type I have a Continue button only !  Hopefully the photo is being uploaded with this message 

Level 2
Feb 3, 2023 9:03:36 AM

@RobertB4444 

On the Investment Type page I only have a Continue and Back button. if I click Stocks, Bond icon and continue the next screen expects an Import of a 1099_B. I don't have an Input data myself button

Expert Alumni
Feb 3, 2023 9:31:41 AM

On the screen which gives you the option to upload a 1099-B, there is another option to enter your transaction information manually.  Do you see "Enter a different way," about mid-screen on the right side?   Or do you see the option to "I'll type it in myself?"  Either of these options will give you the ability to enter your information manually.

 

@briancostello1

Level 2
Feb 3, 2023 9:51:37 AM

@GeorgeM777   I see an "Enter a different way" button.  And if i click that button I go to the Investment Type page  that has a Continue button. Both the Import Your Tax Info and Investment Type pages do not have a button to manually input data

 

Level 2
Feb 3, 2023 9:59:12 AM

@GeorgeM777  and if I click the Continue button the next page is expecting to Import a 1099 and asking for a Bank or Brokerage.....  I don't see any way I can manually input my capital gain/loss info.

Expert Alumni
Feb 3, 2023 10:45:14 AM

Select Stocks, Bonds, Mutual Funds.  Then click Continue.  

 

  1. On the next screen enter your Bank or Brokerage information.   
  2. You will then have to respond to a few questions about the type of stock you sold and the number of transactions.   
  3. You will then be given the option to enter your information as one or separate transactions or as a summary.  Select the appropriate option and click Continue.
  4. At the screen Look for your sales on your 1099-B, click on Continue.
  5. At the screen Now, enter [sale] on your [name of bank or brokerage] enter your information about your transaction.  Click Continue when done. 

@briancostello1

Level 2
Feb 3, 2023 10:57:50 AM

@GeorgeM777 

this is an interesting way of doing it because I have no 1099-B. That is why I want to input the data on my own. If I had access to the Form View like prior years I could simply input the data in the columns and it would be captured on Form 8960 and Schedule D. Now it almost seems like there is a limitation on the ability to manually input capital gain/loss unless you have a 1099-B and do the import. Last years version of Home and Business allowed manual capital gain/loss entries. Home and Business is now Self Employed.

 

Maybe enter a bank/brokerage of N/A and just continue?  It seems there is a dropdown that could be used: Short term no 1099 / Long Term 1099.  But I wonder if that will work. 

Can't believe no other folks are having this issue

Level 2
Feb 3, 2023 11:00:15 AM

Ah--reread your message very carefully---# 5.  input SALE in the Bank/Brokerage cell.

Level 15
Feb 3, 2023 11:09:49 AM

After you click on the Stock Box and Continue, don't you get this screen?  I can put anything I want in and continue.  It doesn't make me import .  You can put any description you want.   

 

Level 2
Feb 3, 2023 12:18:08 PM

@VolvoGirl  Yes, I do get that screen. And I can input data but that screen is all about data coming off of a 1099-B. Theoretically, the capital gain/loss data could be from a 1099 or not. So, it looks like maybe the confusion is getting to the input screen and then realizing you can use if for 1099 and non- 1099 entries.  Note that you do have to put in a Bank/Brokerage name.  I've never had to do that in past years--just had to input the stock name, purchase and sale dates, basis, and gain/loss,

Level 15
Feb 4, 2023 5:38:11 PM

@briancostello1 

 

Did you get past that, and were you able to enter your investment sale?


If not, try this.

  • On the screen that VolvoGirl showed you above, that asks for the brokerage name, enter "No Broker" as the name (or enter any fake name that you like). The name you enter will not appear on your tax return. Then click Continue.
  • The next screen asks a few questions, including questions about your 1099-B. Answer No for more than 3 sales and other types of investments. Answer the other questions appropriately, then click Continue.
  • On the next screen select "One by one."
  • The next screen says "Look for sales on your 1099-B." Just click Continue.
  • On the next screen you can enter the details of the sale. For "Sales section" select "Short-term did not receive 1099-B form" or "Long-term did not receive 1099-B form" as appropriate. Enter the rest of the information and continue through the rest of the interview.

 

In an earlier post you said "If I had access to the Form View like prior years. . . ." The software features didn't change this year. You must have used the CD/Download TurboTax software in past years. Forms mode is available only in the CD/Download software, not in TurboTax Online.