The information from Form 1099-B Proceeds From Broker and Barter Exchange Transactions needs to be reported correctly in the TaxAct program so the data regarding a sale of an asset will be reported on Form 8949 Sales and Other Dispositions of Capital Assets, Schedule D Capital Gains and Losses, and Form 1040 U.S. Individual Income Tax Return, Line 7.
To report Form 1099-B in the TaxAct program:
Go to IRS Publication 550 Investment Income and Expenses, for more information.
Note that any link in the information above is updated each year automatically and will take you to the most recent version of the webpage or document at the time it is accessed.