You are correct, sales within your IRA are not taxable. Only at a time of distribution to you is there a tax event for your IRA. It sounds like you may have entered sales into TurboTax. You can remove them by using the steps below. Search (upper right) > type 1099b > click the Jump to... link > click the trash can beside any unwanted stock/bond sale Or - Click on Wages & Income > Scroll to Investments > Start or Revisit Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B) >click the trash can beside any unwanted stock/bond sale All sales can be removed that should not be there. See the image below.

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rgruggles36

Question

I am stuck on a screen telling me I need to upgrade due to stock/bond sales. The only sales were in my IRA and, therefore, non taxable events. How do I get past this?

Forum|Forum|3 years ago
February 14, 2023
1 reply
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TurboTax Deluxe Online

DianeW777

You are correct, sales within your IRA are not taxable. Only at a time of distribution to you is there a tax event for your IRA.

It sounds like you may have entered sales into TurboTax. You can remove them by using the steps below.

Search (upper right) > type 1099b > click the Jump to... link > click the trash can beside any unwanted stock/bond sale
Or - Click on Wages & Income > Scroll to Investments > Start or Revisit Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B) >click the trash can beside any unwanted stock/bond sale
All sales can be removed that should not be there. See the image below.