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June 1, 2019
Question

If my broker didn't give me a 1099-B, how do I report this?

  • June 1, 2019
  • 1 reply
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My broker didn't withhold taxes on any stock transaction in 2016, because my account was international (this has been corrected now). I will be filing my tax return in the US for 2016, but my broker said they can't withhold retroactively and that they won't be giving me a 1099-B. How do I report this in my tax return?

1 reply

MichaelL1
Employee
June 1, 2019

You would have to report the stock sales in the Investments section and list each one (sales date, purchase price, sales price and purchase date).  If they are in foreign currency you would use the exchange rate and report them in TurboTax in U. S. dollars.

To enter your Investments sold

  • Click on Federal Taxes
  • Click on Wages and Income
  • Click on I'll choose what I work on
  • Scroll down to Investments
  • On Stocks, Bonds, other click the start or update button

Any interest or dividends would need to be reported in their respective sections also.