turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

How should I enter my foreign stock transactions on 1099-B?

I have a foreign stock account which has many transactions in the past year. I did not receive a 1099-B so it seems like I will have to calculate the total loss/income myself. But my question is, do I have to enter transaction one by one or can I report by entering "Sales section totals"?

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
MarilynG1
Expert Alumni

How should I enter my foreign stock transactions on 1099-B?

Yes, you can report 'Sales Section Totals' for your foreign stock sale transactions. 

 

Here's more info on How to Enter a Summary in Lieu of Individual Transactions.

 

@polohan 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
MarilynG1
Expert Alumni

How should I enter my foreign stock transactions on 1099-B?

Yes, you can report 'Sales Section Totals' for your foreign stock sale transactions. 

 

Here's more info on How to Enter a Summary in Lieu of Individual Transactions.

 

@polohan 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies