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Get your taxes done using TurboTax
@martin: That's a confusing notation about 8949 Col G. Its helping notify you that your Cap Gain isn't just [Sales]-[Basis], but [Sales]-[Basis]-[Ord Gain]. But the way they suggest doing it makes assumptions about how you're filling out the 1099 that may not be correct, and about how TT data entry happens. Just make sure the basis on your 1099-B is giving the correct Cap Gain and you'll have the data entry right.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
‎June 7, 2019
4:06 PM