jabbanut
New Member

Deductions & credits

Thanks, LeonardS. The concern I'm seeing with Turbo Tax is there is no differentiation of the 1099b and 1099s. When I'm in sale of stocks, bonds and investments and click on "1099s/other it leads me through a series of questions. Nowhere does it ask to enter the 1099s and in the end, on the tax form it spits out a 1099B and states Long form "f". No where does it mention the 1099 S on my tax report and if the IRS received a 1099S but my tax return does not reflect that...in my mind that's a red flag. I have spoken with 4 different Turbo Tax representatives about this and no one has an answer. I keep getting passed around. 

 

Feels like a glitch in the software this year.