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Get your taxes done using TurboTax
On form 8949 in the TT Business edition, I have long term and short term gains reported on the 1099. In both the categories (ST and LT), the basis was reported to the IRS for a portion of the gains, and not reported on others. There were four entries (two for each category). The information transferred to form 8949 shows all four of these summary entries is showing as "not reported to you on 1099-B". According to the instructions there should be two 8949 forms, one each for "reported" and "not reported" to the IRS. Seems there is a glitch in the program... Any help on this?
‎April 7, 2024
10:52 AM