What should I enter as the sales proceeds?
Sales proceeds are the amount you earned when you sold your investment.
Stocks, bonds, mutual funds, crypto, other
If you received Form 1099-B or a substitute statement, enter the amount from the Proceeds column or box (it's often referred to as Column/Box 1d). If you didn't receive a tax form, look for the amount it was sold for in your transaction history with your brokerage.
Nonbusiness bad debt
If you are entering information for a nonbusiness bad debt, see Nonbusiness Bad Debt.
Vacation home or land
If you received Form 1099-S, enter the amount from Box 2.
If you didn't receive Form 1099-S, enter the net proceeds from the sale. The net proceeds equal the gross proceeds minus selling expenses.
Personal items sold for a gain (1099-K)
If you received Form 1099-K, enter the amount from Box 1a.
Stocks, bonds, mutual funds, crypto, other
If you received Form 1099-B or a substitute statement, enter the amount from the Proceeds column or box (it's often referred to as Column/Box 1d). If you didn't receive a tax form, look for the amount it was sold for in your transaction history with your brokerage.
Nonbusiness bad debt
If you are entering information for a nonbusiness bad debt, see Nonbusiness Bad Debt.
Vacation home or land
If you received Form 1099-S, enter the amount from Box 2.
If you didn't receive Form 1099-S, enter the net proceeds from the sale. The net proceeds equal the gross proceeds minus selling expenses.
Personal items sold for a gain (1099-K)
If you received Form 1099-K, enter the amount from Box 1a.
