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February 28, 2021
Question

Where to enter federal tax paid by brokerage ?

  • February 28, 2021
  • 1 reply
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where to enter federal tax paid by brokerage

    1 reply

    February 28, 2021

    You will enter the information in the federal interview section. 

    1. Select Income & Expenses 
    2. Scroll down through all income until you see Investment income 
    3. Select Stocks, Mutual Funds, Bonds, Other 
    4. Select Edit to the right of the applicable stock sale where you had federal income taxes withheld
    5. On the page titled Now, we'll enter one sale on your brokerage 1099-B, scroll down to the bottom of the section titled Sales info.
    6. At the bottom of this section, you will see a box you can check that says I have other boxes on my 1099-B to enter.  Be sure to select this box.
    7. You will then be able to enter your federal income tax withholdings.

    Brokerage withholding input

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