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Get your taxes done using TurboTax
So, tagteam, when I go into TurboTax Business, it does NOT ask whether there is or is not a 1099-S, and it instructs me to enter the Selling Price WITHOUT subtracting the selling costs. It then completes the 8949 as though there were a 1099-S, using Gross Proceeds in column (d), FMV Basis in column (e), Code E in column (f), and (Selling Costs) in column (g).
‎April 7, 2024
10:51 AM