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TT Business: Broker's 1099-B Summarized Entry Applied Incorrectly to Schedule D, Part II, line 10 instead of line 8a (or 8b)
After entering a long term, summarized entry from a broker's 1099-B, where the cost basis was noted to have been reported to the IRS and Box D checked, TT incorrectly entered it onto form Schedule D, part II, on line 10 (with box F checked.) This is wrong. It should have been entered on line 8a (box D checked). There was nothing I could do within step-by-step to make entered data to appear on line 8a. This appears to be a bug. I had to manually enter the data on schedule D directly. The second view below (Schedule D) shows the result of manually doing this. (being a non-accountant, I hope this was the correct way to do this)
CORRECTED SCHEDULE D:
March 7, 2024
9:53 AM