How can I add Federal Tax withheld shown in 1099-B while adding stock sales?

Forum|Forum|4 years ago
March 9, 2022
1 reply
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My wife sold her ESPP stocks in 2021. She did not have her tax information on the brokerage site and they ended up withholding part of the sales proceed as Federal Tax. How do i enter it while filing taxes? I don't see an option when entering the sales.

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ThomasM125

It is possible that they reported the tax withheld in box 2 on her W-2 form, in addition to the tax withheld from her wages. If so, then you just need to enter her W-2 form and you will get credit for the taxes withheld on your tax return.

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shivendra.vikramAuthor

This sale was for stocks from her previous employer. I see others have faced a similar issue but the checkbox to they are referring to in the screenshot is no longer visible in this year's form.

https://ttlc.intuit.com/community/retirement/discussion/my-1099-b-has-federal-income-tax-withheld-where-do-i-list-it/00/711216

DawnC

Employee

When you enter the 1099-B, put a checkmark in the box that says I have other boxes on my 1099-B to enter. Once you put a checkmark there, the form will expand and allow you to enter the amount in Box 4 (federal withholding). Make sure you are entering the 1099-B in the correct spot. Where do I enter a 1099-B?

See image below