How to file your taxes with TurboTax?
In this 6th video, I cover the basics of how to enter the gain and loss transactions for the sale of stocks from brokerage accounts. Your broker should send you a Form 1099-B which reports the sale of each security during the year.
The information will include the number of shares, name of the stock, date of acquisition, date of sale, gross proceeds from the sale, costs basis, and the net gain or loss.
For other TurboTax 2022 tutorials videos, please see the following playlist:
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DISCLAIMER: I am a licensed attorney and certified public accountant (CPA) in the State of Florida. I am not a financial advisor. The information provided in this video is for entertainment purposes only. No such communication is provided in the course of an attorney-client relationship, and no communication is intended to constitute legal advice. You should speak with your own tax and legal professionals to discuss your circumstances before performing any of the tax, legal or accounting strategies demonstrated in this video. This description includes links to affiliates. I may earn a commission or referral bonus if you use these links to purchase products or services from the providers. Thank you.
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