How do I add or edit a 1099-B?
Open your return.
(To do this, sign in to TurboTax and click the orange Take me to my return button.)
- Do a search for 1099-B (upper- or-lower case, with or without the dash) and then click the "Jump to" link in the search results.
- On the Did you sell any investments in 2016? screen, answer Yes
- If you land on the Here's the investment sales info we have so far screen instead, click Edit (to add, change, or review sales from a previously entered brokerage) or Add More Sales (to add or import sales from a new brokerage).
- Follow the onscreen instructions.
Tip: Don't confuse Box A, B, D (etc.) on your TurboTax screen with the Box 1a, 1b, 1c (etc.) on your 1099-B form. These are two completely different things.
Capital-letter boxes A, B, D, E, and X often appear as headers or section titles on your 1099-B form instead of literal boxes. Exact wording varies between brokerages; for example, the Box A from 3 different brokerage statements might read:
- Short-term transactions for which basis is reported to the IRS—report on Form 8949 with Box A checked.
- Short-term transactions for which basis is reported to the IRS--report on Form 8949, Part I, with Box A checked.
- Short-term transactions for which basis is reported to the IRS—report on Form 8949 with Box A checked and/or Schedule D, Part I.
Nevertheless, they all mention Box A, so you'd select Box A in TurboTax (near the bottom of the screen), and above you enter the info for boxes 1a–1e which correspond to your 1099-B form. Boxes B, D, E, and X work the same way.
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