Foreign capital gain without 1099-B

Forum|Forum|1 year ago
March 10, 2025
1 reply
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hello,

I am using Deluxe turbo tax version.

I have Korean investment financial account and I have capital gain in 2024.

so I would like to report this but when I tried to add them via "investment income -> add investment ->skip this import" I found out below. there is no option to input without 1099-B.

so I selected third option(stock, bonds, mutual funds) and add information and then I can see below.

I don't have 1099-B document since it is Korean account... is it ok to report this way?

(I couldn't send 1099-B to IRS)

or is there any way to report foreign capital gain other way?

Best answer by DoninGA

No, do not use the option for a Form 1099-B. You need to use the Other option and then just enter your investment type when reporting the Korean investment.

DoninGAAnswer

Employee

No, do not use the option for a Form 1099-B. You need to use the Other option and then just enter your investment type when reporting the Korean investment.