Stock Sales
Menu Path: Income > Common Income > Investments and Savings (1099-INT/DIV/B/DA)
Enter any stocks or investments sold on the Stock or Investment Sale Information screen.
Examples of investments are stocks, bonds, mutual funds, vacation homes, or land. Losses on the sale of personal use assets, such as a car or furniture, cannot be deducted and should not be entered on your tax return.
Do not report stock sales or capital gains from an IRA, 401(k), 403(b), or other type of retirement plan. Investment income, including stock sales, from a retirement plan is tax-deferred and not reportable on your tax return.