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April 3, 2021
Question

1099-B form, BOX 1a wont let me input multiple stocks

  • April 3, 2021
  • 1 reply
  • 0 views
I have a 1099-B form with cash apps. I have multiple stocks not sure how to read it or input information accordingly.

1 reply

JohnB5677
April 4, 2021

To enter a 1099-B go to:

Income & Expenses

  1. Scroll to Stocks, Mutual Funds, Bonds, Other
  2. Answer Yes to Did you sell stocks, mutual funds, bonds, or other investments in 2020?
  3. On the OK, what type of investments did you sell? screen, select Stock, Bonds, Mutual Funds. Then select Continue.
  4. From here, you can import or manually enter your 1099-B.
  5. Answer the questions about your sales. Choose to Enter sales one by one when asked.
  6. On the Now, we'll enter one sale on your 1099-B screen, enter your info.

You will enter

  • Transaction description
  • Date sold
  • Sale section (category)
  • Proceeds
  • Cost Basis
  • Adjustment

To record another stock select Add another sale

 

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