Where do I put a gift from a brokerage company that didn't issue any forms to me?

[Thatmissouriguy]

I opened a brokerage account in 2021 and they gave me $200, I sold it in 2024 but they didnt issue me any forms like 1099.

I'm trying to figure out where I should put it on the turbotax website. Whether I should put it in the 1099-int or 1099-k or what to do. Thanks for any help.

[DianeW777]

Report it as an investment sale.  Based on your question it seems you received as a gift the initial holdings in the account which may have been purchased with the $200.  Be prepared with your cost, sales price and any sales expense.  Cost can include any reinvested dividends if applicable.

To enter your sale in TurboTax, follow these steps. Click this link for more information. Where do I enter Investment Sales?

1. Open or continue your return.
2. Navigate to the investment sales section:
   • TurboTax Online/Mobile: Go to investment sales. If using this application, make sure it is open
   • TurboTax Desktop: Search for investment sales and then select the Jump to link. 
     • Or Personal Tab > Continue > I'll choose what I work on > Scroll to Investment Income > Select Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (select other since you have no form)
3. Answer Yes to the question Did you sell any of these investments in 2024? (or Okay! to Time to kickoff your investments!).
   • If you land on  the Investment sales summary or Your investments and savings screen, select Add More Sales or Add investments.