@ben_g wrote:
Thanks.
I now have my 8949 alongside my short and long term gains. So where in the 2018 Turbotax software can I enter this?
Do I just attach these complete forms to the original 1099-K and CP2000 and put a cover letter explaining the differences, and fax them into the IRS?
Since you received a CP2000 notice from the IRS you should follow the instructions on the notice
IRS CP2000 notice - https://www.irs.gov/individuals/understanding-your-cp2000-notice
If you are required to amend the tax return then report the investment sales in the Investment Income section of the TurboTax program.
To enter an investment sale from a brokerage account (1099-B), follow the steps below.
- Click on Federal Taxes (Personal using Home and Business)
- Click on Wages and Income (Personal Income using Home and Business)
- Click on I'll choose what I work on (if shown)
- Under Investment Income
- On Stocks, Mutual Funds, Bonds, Other, click the start or update button
Or enter investment sales in the Search box located in the upper right of the program screen. Click on Jump to investment sales
