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March 8, 2022
Question

Is the form on which stock gains and losses are reported a 1099R. Ours has no such number.

  • March 8, 2022
  • 1 reply
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1 reply

DoninGA
Employee
March 8, 2022

Stock/Investment sales are reported on a Form 1099-B which you should have received from your broker or financial institution.

 

To enter an investment sale from a brokerage account (1099-B), follow the steps below.

  • Click on Federal Taxes (Personal using Home and Business)
  • Click on Wages and Income (Personal Income using Home and Business)
  • Click on I'll choose what I work on (if shown)
  • Under Investment Income
  • On Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B), click the start or update button

Or enter investment sales in the Search box located in the upper right of the program screen. Click on Jump to investment sales