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April 15, 2025
Question

How do I file form 8949? Amounts reported went into my 1099-B, but instructions state this should be filed separately. How to best proceed with TurboTax in this setting

  • April 15, 2025
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    April 15, 2025

    Form 1099-B is the form your broker sends you.  It reports your investment sales. You report the information on your Form 1099-B on your tax return by completing Form 8949.  To enter your Form 1040 in TurboTax:

     

    • Click on "Search"
    • Type "1099-B" in the search window and hit "Enter"
    • Click on "Jump to 1099-b"
    • Answer "Yes" to Did you sell any investments in 2024?
    • Answer "Yes" to "Did you get a 1099-B or a brokerage statement for these sales?
    • You can either download your 1099-B information or Enter it yourself.  

    TurboTax will guide you through the rest of the process of reporting your investment sales.

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