How to add Form 8949 (Schwab note: Report on Form 8949, Part II, with Box F checked)

I need to enter data into 8949 - how can I open a new form?

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Expert Alumni

Feb 25, 2025 5:47:21 PM

To add an investment transaction not reported to you on a Form 1099-B, you will go through the same steps in TurboTax that you would if it had been reported on a Form 1099-B. Make sure you are are working in your return:

In the income section, Select Investments and Savings....
On the page "Did you have investment income in 2024?" Answer Yes
On the page "Let's Import your tax info" click on "Enter a different way"
Select "Stocks, Bonds, Mutual Funds" on the OK let's start with one investment type
When asked "Which bank or brokerage is on our 1099-B?" Give a description of the investment for the bank or brokerage, leave the other fields blank. Click Continue
Answer No to the next three questions
Answer "Did you buy every investment listed...."
Select "One by One"
Continue past the "1099-B"
On the page "Now, enter one sale..." for Sales section, select either "Long-term did not receive 1099-B form".
That will report your transaction on Form 8949 with Box F checked.

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How to add Form 8949 (Schwab note: Report on Form 8949, Part II, with Box F checked)