If you’ve imported info for stocks, options, crypto, bonds, and/or mutual funds, and you have more than 25 transactions that need review, you could be missing any of the following:
- Cost basis
- Date acquired
- Description
- Proceeds
- Date sold
There are a couple of ways to fix this issue.
1. Use summary filing
Re-entering your sales using summary filing can help you avoid having to re-enter your sales one-by-one. Here’s how you can use summary filing:
- On the Investment summary screen, delete the sales you imported from your financial institution to prevent any duplicates.
- Skip steps 2 and 3 if you imported sales from that financial institution only. You will automatically be directed to the Did you sell stocks? screen.
- Select Search, search for stock sales, and select the Jump to link in the search results.
- For Did you sell stocks?, select Yes. If you land on Your investment sales summary, select Add more sales.
- Select Stocks, Bonds, Mutual Funds, and then Continue.
- On the Let's import your tax info screen, select Type it in myself.
- Answer the questions and select Sales section totals when prompted to Choose how to enter your sales.
- You'll now be able to enter the total proceeds (sales) and cost basis, along with the sales category.
- Refer to your 1099-B for the amounts and category.
- When finished, select Continue.
- You can add additional sales totals by selecting the Add another sales total on the Review your sales section totals screen.
2. Talk with a specialist
If you can’t re-enter your sales using summary filing, we recommend talking with a specialist so they can walk you through, step-by-step, how to resolve this issue.
Select Help at any time to chat.
