Below is a screenshot of the TurboTax entry screen. One of the entries that is causing a problem is line #2. As you can see, the sale was for $1,000.00 the cost basis was $998.52 and the accrued market discount was $1.48. On the 1099-B received from Merrill Lynch, this showed correctly as no gain. The second screen shot is for the 8949 that TurboTax generated and (I know it's hard to read) you can see for this entry (the second one in the table), TurboTax is showing a gain of $1. There are other places where entries with accrued market discount are similarly mishandled.
First screenshot
Sigh.......... I was not able to post the screenshots...
The first screenshot showed the boxes 1d, 1e, 1f, and 1g, with the following values: 1,000.00, 998.52, 1.48, 0.00
The equivalent line on the generated 8949 shows columns d, e, f, and h, with the following values: 1,000, 999, blank, blank, 1. The last column (h) indicates that profit of $1 was made on the transaction, when in fact there was no profit.
Sorry I could not post the screenshots. They really do show this problem much better than I can describe it.
