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June 1, 2019
Solved

How do I add capital losses --short term and long term -- in the TurboTax Deluxe 2018 edition. I have tried to load up form 8949 but it seems incomplete?

  • June 1, 2019
  • 1 reply
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I get Form 8949 but for only one stock. I have a number of stock losses to report.How to I do this?

Best answer by TomYoung

What you do is enter your Form(s) 1099-B into the "Stocks, Mutual Funds, Bonds, Other" interview and that information is transcribed into Form(s) 8949.  As opposed to entering individual 1099-Bs manually, which actually is a good practice if the number of 1099-Bs isn't too numerous, you can download the 1099-Bs into Quicken if the broker has that ability.

Tom Young

1 reply

TomYoungAnswer
Employee
June 1, 2019

What you do is enter your Form(s) 1099-B into the "Stocks, Mutual Funds, Bonds, Other" interview and that information is transcribed into Form(s) 8949.  As opposed to entering individual 1099-Bs manually, which actually is a good practice if the number of 1099-Bs isn't too numerous, you can download the 1099-Bs into Quicken if the broker has that ability.

Tom Young