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May 5, 2020
Question

I have a form 8949 from taxbit but do not see them listed, how do i import that form into turbotax?

  • May 5, 2020
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1 reply

DoninGA
Employee
May 5, 2020

Taxbit is a software company not a brokerage.

A Form 8949 cannot be imported into the TurboTax program.

 

A Form 8949 is created after you have entered the investment sales on a Schedule D.

 

To enter an investment sale other than from a brokerage account (1099-B), follow the steps below.

  • Click on Federal Taxes (Personal using Home and Business)
  • Click on Wages and Income (Personal Income using Home and Business)
  • Click on I'll choose what I work on (if shown)
  • Under Investment Income
  • On Stocks, Mutual Funds, Bonds, Other, click the start or update button

Or enter investment sales in the Search box located in the upper right of the program screen. Click on Jump to investment sales

 

On the next screen, click Yes

On the next screen, click No

On the next screen, choose the option that pertains to the type of investment sale you are reporting and continue with the section until it completes