Skip to main content
Level 2
December 26, 2021
Question

Do I need form 8949 part 1(s)?IRS Notice CP2057- need to amend 2020.

  • December 26, 2021
  • 2 replies
  • 2 views
The finished tax return did not include any 8949 part 1 opportunities in the interview

2 replies

Level 15
December 26, 2021

Did you get form 1099-B?

Level 2
December 26, 2021

Yes; the  consolidated 1099-b has the instructions to 8949 part 1 with box A checked.

Critter-3
Level 15
December 26, 2021

https://www.irs.gov/individuals/understanding-your-cp2057-notice

 

ALL stock sales in the program are entered in the same investment section in the program ... not sure how you could have missed entering the short term covered sales.  If the IRS has made the correction and they are right there is nothing you need to do but agree to the changes. 

fanfare
Level 15
December 26, 2021

 IRS says:

CP2057 -- What this notice is about

You need to file an amended return. We've received information not reported on your tax return.