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New Member
posted Apr 12, 2021 6:58:59 PM

If I did not get a 1099-B form, how do I report my sales?

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3 Replies
Level 15
Apr 12, 2021 7:26:08 PM

Start off entering your investment sale the same way as if you sold stock and got a 1099-B. The second screen will ask you if you got a 1099-B. Click No, and continue through the screens to enter the information about the sale. It will be shown on your tax return as a sale that was not reported on Form 1099-B.


But why did you not get a 1099-B? Did you sell something that a 1099-B is not normally issued for, or did you sell investments through a broker or financial institution that should have sent you a 1099-B? If you should have gotten a 1099-B but didn't receive it, contact the financial institution and ask for a duplicate copy of the 1099-B or equivalent statement.

 

Expert Alumni
Apr 12, 2021 7:34:22 PM

Yes, you may need the Form 1099-B to report your brokerage sales.  You can contact your broker for a copy of 1099-B  The form 1099B is used to report gain/s or loss from a sale of stock/s. But ff you can't obtain a copy of the form, you can enter the stock sales or import it in Turbo Tax:

  1. In TurboTax Home screen, click Tax Tools, then Tools.
  2. Under Tool Center, type in the search box 1099-B, click go.
  3. Answer Yes to Did you sell stocks, mutual funds, bonds, or other investments in 2019?
  4. f you see "Here's the info we have for these investment sales, select Add More Sales.
  5. Answer NO to "Did you get a 1099-B or brokerage statement for these sales?"  Or answer YES if you want to try to import it.

New Member
Mar 3, 2023 5:18:37 AM

I sold stock from 1988 that I found a hard copy certificate of.  I contacted Vermont unclaimed money and they in turn sent me the 5000$ for it (after a very long investigation by me on how to do this).  Anyway, I contacted

Vermont and they don't send out forms so I added it into Turbo Tax manually.