For context: It's my last year using our long-time CPA. I'm going back to DIY as we are nearing retirement and our situation has become simpler. I prepared a 2024 return in parallel with him, using TT 2024 Home & Business, and am pleased that it's within a dollar of tax owed and most forms look identical. I'm pretty confident going forward (I prepared my own tax returns for nearly 20 years prior to may small business growing and adding a pension plan, and also the addition of some rental property. Business has wound down, pension plan closed, property has since been sold)
TL/DR: But I have some trouble with Schedule D. I have a sale of stock that includes covered and noncovered shares (I have a spreadsheet with the exact costs) The CPA has the sale split between line 8b and line 9 on Schedule D.
"Totals for all transactions reported on Form(s) 8949 with Box D checked"
"Totals for all transactions reported on Form(s) 8949 with Box E checked"
When I enter the data on TurboTax, I can't seem to find a prompt that will split the sale. I checked the box that says "the reported basis is incorrect or missing", and everything ends up on Schedule D, Line 9.
The basis, gain, and tax all match the CPA's return. Plus I'm just doing a test run in parallel. But I'll be DIY next year, and this has puzzled me a bit. If anyone here has a data entry procedure that can help, I'll certainly try it.
Cheers
