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March 6, 2023
Question

Stock sale description is incorrect. How can I fix it?

  • March 6, 2023
  • 1 reply
  • 0 views
Number of shares is missing in turbo tax.  Do I have to fix it?  It is on Schedule D - reported to the IRS.

1 reply

JohnB5677
March 6, 2023

Yes, you should correct any discrepancies on your stock form 1099-B.

Posting the information from the 1099-B will correct the schedule D.

You can review the stocks that are listed by going to:

  1. Start at Federal
  2. Wages and Income
  3. Scroll to Investments & Savings
  4. Select Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B) [Start or Revisit]
  5. Did you have investment income in 2022? - Yes
  6.  Get ready to be impressed  Continue
  7. Select Enter a different way
  8. Choose the Box  Stocks, Bonds, Mutual Funds Continue
  9. Select the investment line you wish to review.
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