ThomasM125
Expert Alumni

After you file

Your Form 8949 should show the proceeds of investment sales in column (d) and the cost of them in column (e), with the net gain or loss in column (h). They can be entered in summary form, with one entry for long term sales and another for short-term sales if the Form 1099-B only reports covered security sales. I that case, all or several of your sales may be entered as one sale reporting the total of several investment sales along with the associated costs.

 

 

I suggest you determine what your total long-term and short-terms gains or losses reported on your Form 1099-B are and compare them with the totals on your Form 8949 and Schedule D in TurboTax and if there is something missing amend your return to make corrections.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"