nexchap: "I'm curious if you track it down..." Sorry, I thought I had replied to you on this, but I don't see it, must have failed to complete the post process. The difference between correcting the 1099B to Zero and using the interview form and the method you proposed is on the 4797, Part 1 Line 2. (Either way comes up with correct capital gains on a 100% sale, Long Term.) The difference on the 4797 is 54 dollars (for reasons I do NOT understand), which when you trace back, increases my tax obligation by $41. It is small I would normally just ignore it. However, while retrying to trace it through I found an input error which was material. (On the interview form, they ask for the "1250 Gain". I used column 12. I now see that is for State Taxes. I assume the correct number for 1250 Gain is the one in Column 8, "Amt Gain/Loss Adj,"for form 6251 Line 2K for the Alt Min. Tax? This is material, leads to a lowering of taxes by enough to file an amended return, after I wait out the return of capital amended 1099's I always seem to get.) Again, thanks for "moderating" this very helpful thread. (And correct me if I stated the 1250 gain incorrectly above.)
