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February 23, 2022
Question

I have short and long term capital gains. how do I account for them?

  • February 23, 2022
  • 1 reply
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8949 type data

1 reply

February 23, 2022

To enter short and long-term capitals gains in TurboTax, you will go to the investment section under income. A 1099-B is the most common form used to report capital gains from a broker for stocks. As you enter the transactions for each short term or long term gain, they are transferred to Form 8949

 

This TurboTax help article explains how to enter information from a 1099-B.

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