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Get your taxes done using TurboTax
Champion tagteam just discovered that there is a new worksheet in the CD/Download TurboTax software for 2020 that allows the entry of sale proceeds and basis up to $999,999,999. This is not available in TurboTax Online (at least not for now). It is accessible only in forms mode in the CD/Download TurboTax software.
The worksheet is called the Capital Gain (Loss) Adjustments Worksheet. It links to a specific entry on the Form 1099-B Worksheet (which represents one line on Form 8949). If you decide to use this, when you first open a Capital Gain (Loss) Adjustments Worksheet, click Help Center at the top right and read the instructions for using the worksheet.
‎December 20, 2020
10:32 AM