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April 11, 2024
Question

Where do I get credit for investment losses shown on1099 misc?

  • April 11, 2024
  • 1 reply
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how do I get credit for losses shown on 1099misc?

1 reply

April 13, 2024

Form 1099-Misc would not report investment losses, it is primarily used to report rental and "other" income. You may be referring to a Form 1099-B. If so, you would enter that in the Investment Income section of TurboTax, Then Stocks, cryptocurrency, Bonds, Mutual Funds,  Other. You will enter the sales proceeds and cost of the investments you sold and the difference will be a capital gain or loss.

 

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