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Returning Member
posted Oct 4, 2023 4:39:15 PM

Where do I find Form 8949 to report a Long Term gain?

sold a stock for gain

0 2 313
1 Best answer
Level 15
Oct 4, 2023 5:48:40 PM

When you enter an investment sale TurboTax will create Form 8949 and include it in your tax return. To enter an investment sale go to:

  • Federal Taxes
  • Wages & Income
  • Investment Income
  • Stocks, Mutual Funds, Bonds, Other

But as tagteam said, you cannot enter investment sales in Free Edition. You will have to upgrade to Premium.

 

2 Replies
Level 15
Oct 4, 2023 5:11:56 PM

You will need to upgrade to report sales of securities if you're using the free version.

Level 15
Oct 4, 2023 5:48:40 PM

When you enter an investment sale TurboTax will create Form 8949 and include it in your tax return. To enter an investment sale go to:

  • Federal Taxes
  • Wages & Income
  • Investment Income
  • Stocks, Mutual Funds, Bonds, Other

But as tagteam said, you cannot enter investment sales in Free Edition. You will have to upgrade to Premium.