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February 27, 2023
Question

How to report individual stock sales

  • February 27, 2023
  • 1 reply
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1 reply

February 28, 2023

You can import your Forms 1099-B, but by the way you ask your question, it doesn't sound like you want to do that.  Here's where you enter or import your stock sales in TurboTax:

  1. If you don’t see 2022 TAXES in the left pane, select the dropdown to the right of Income & Expenses on the Hi, let’s keep working on your taxes! page and then select Let’s get startedPick up where you left off, or Review/Edit.  Otherwise, in the left pane, select Wages & Income
  2. Scroll down and select the Show more dropdown to the right of Investments and Savings
  3. Select  Edit, Edit/Add or Revisit to the right of Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B)
  4. Select Okay! on the screen Time to kick off your investments! OR Yes on the screen Did you sell any of these investments? then Continue
    • If you see Your investments and savings or Your investment sales summary, select Add investments or Add more sales
  5. When you reach Let's import your tax info, choose how you want to enter your 1099-B:
    • To import your form, select your brokerage or financial institution from the list. Enter your sign-in credentials for your account, then select Get my form
    • If you want to enter your stock sales manually, select Enter a different way, then select the Stocks, Bonds, Mutual Funds box on the next screen
  6. On the following screens, you can input information about each of your stock sales 
  7. When you reach the Review your sales screen, the form you just entered should be listed
  8. If you need to add another stock sale, select Add another sale. Otherwise, Continue