Stock sales without 1099-B

Forum|Forum|2 years ago
February 24, 2024
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I have stock sales without 1099-B (privacy company stock buyback). How can I put this in TurboTax (Desktop version)?

There are some old discussion suggesting go to "Stocks, Cryptocurrency, Mutual Funds, Bonds, Other" then select "No 1099-B" when prompted. However, I believe this is outdated. There is no such options.

DianeW777

An investment sale will allow you to enter your sale without a 1099-B. Although the screens are going through as though you had a 1099-B it's not important since you are required to report the sale with or without the 1099-B.

Sign into your TurboTax Desktop return
Select Personal Income > Search (upper right) > Type 1099b (we are not really entering this document) > Click the Jump to... link
Select to Add more sales > Continue > Select Stocks, Bonds, Mutual Funds (or you can choose Other if you feel better about it an continue to enter your sale)>
Some screens will still mention 1099-B Continue > Skip Import
Enter your Payer (Name of the Company) > No Account number or EIN > Continue
Say Yes to 'Other types of investments such as collectibles, land, other items > Yes you bought them > Continue > Enter One-by-One
Enter the type of sale (long or short term noncovered - not reported to IRS)