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TurboTax does not make this easy (almost impossible in interview mode), but in the jump to box type "capital asset sales" - no quotes.. That should open a worksheet where you can enter multiple transactions rather than go round and round for each transaction in interview mode.
For each transaction, you'll need to check two boxes: "no" 1) basis reported to IRS 2) reported on 1099-B
You must convert foreign currency to US currency if needed.
Since there is no longer a 'jump to' feature in the desktop version, how do I get to this?
I tried to change the Form 8949 that was auto generated to uncheck Part I Box B and check Box C instead but it does not allow any changes.
Any suggestions appreciated!
In TurboTax Desktop Premier, an IRS form 1099-B entry may be entered by following these steps:
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