For1099-B, I have many sales, do not want to enter one by one, but if move forward with "sales section totals", no places to enter "wash sales" etc. Would you help? Thx!
For1099-B, I have many sales, do not want to enter one by one, but if move forward with "sales section totals", no places to enter "wash sales" etc. Would you help? Thx!
When entering a large number of sales from your 1099-B into TurboTax for 2024, you can use the "sales section totals" option to simplify the process. However, wash sales need to be entered individually to ensure accurate tracking and reporting.
Search for stock sales in the magnifying glass at the top right of the screen and select the Jump to link in the search results.
Choose "I'll type it myself" when asked how you want to enter your 1099-B.
Enter sales section totals: You'll be able to enter the total proceeds (sales) and cost basis for each sales category (e.g., short-term covered, long-term covered) based on your 1099-B.