Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
P
paladin_74
March 4, 2025
Question

How do I report my silver sales to local shop which were under the reporting threshold, so no paperwork was sent to me?

  • March 4, 2025
  • 1 reply
  • 0 views
No text available

    1 reply

    M
    MindyB
    March 4, 2025

    The sales of silver at profit are a capital gain, reported on Schedule D.  To accomplish that, here is how to enter it in TurboTax Online:

     

    • Navigate to Federal > Wages & Income > Investments and Savings (1099-B, 1099-INT, 1099-DIV, 1099-K, Crypto) > Add/Edit
    • Choose Add Investments, then Enter a different way
    • Choose "Other" as the investment type and continue
    • Choose a description 
    • Complete the rest of the information requested in the interview
    TurboTax Sign In Widget
    TurboTax flag icon

    Unlock tailored help options in your account

    Create an account
    TurboTax Expert Assist
    TurboTax Expert

    Get answers to all your tax questions

    Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

    Terms & ConditionsAccessibility statement
    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    ©1997-2022 Intuit, Inc. All rights reserved.
    Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
    of Intuit Inc. Terms and conditions, features, support, pricing, and service options
    subject to change without notice.

    Security Certification of the TurboTax Online application has been performed by
    C-Level Security.

    By accessing and using this page you agree to the Terms of Use.

    Accessibility

    TRUSTe nResult Certified e-File C-Level Security Certification