[{"data":1,"prerenderedAt":7},["ShallowReactive",2],{"faq-standard-7325":3},{"rec_id":4,"title":5,"text":6},"7325","How do I enter summary totals from my Form 1099-B or consolidated 1099?","Enter the summary totals for each similar type of investment (long-term or short-term and if the \u003Ca href=\"/freefile2025/answers?faq=10258\">basis was reported to the IRS or not\u003C/a>) from your \u003Ci>Form 1099-B\u003C/i> or \u003Ca href=\"/freefile2025/answers?faq=11743\">consolidated 1099\u003C/a> instead of each stock sale individually. \n\u003Cbr>\u003Cbr>\n\u003Cb>Example:\u003C/b> You have an E-Trade consolidated 1099 that shows all the details for 150 short-term stock sales and the details for 200 long-term stock sales, both of which have basis reported to the IRS (covered). You would enter one record for the summary totals of \u003Ci>A - Short-term basis reported to the IRS (covered)\u003C/i> and another record for the summary totals of \u003Ci>D - Long-term basis reported to the IRS (covered)\u003C/i>. So, you would only have two entries instead of 350 entries.\n\u003Cbr>\u003Cbr>\nYou can also enter summary totals from a \u003Ci>Form 1099-DA\u003C/i> for digital assets like cryptocurrency.",1777391485356]