edda
Returning Member

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I am not sure how to answer your question regarding "section", but if I look at the screen, I see that I am in Federal Taxes, Income, Edit Box A Sales. When I complete this section, including entering "Accrued Market Discount" and then look at the 8949 Form that is produced, I see column 1F is blank and there are amounts in column 1G. Also, at the bottom of the "Edit Box A Sales" screen, if I select "Continue" and I go to the "Summary for this Account" screen, the "Net Gain/Loss" figure includes the total for the columns labelled "1F" on the "Edit Box A Sales" screen. If on that screen, I compute the difference between "1d" and "1e", this seems to me to be what should be reported as income, but the figure on "Summary for this account" screen includes the "1g" value. All I actually earned from the transaction is the difference between selling price and cost, so to me, including "1g" is including more income than should be include.

 

Thanks for responding to my inquiry.