@Mike9241 Thank you for the detailed instructions. Do they still apply to TT 2024?
Also, I am at the "Now for the 8949" section of your instructions. I am not sure where to enter the info. In TT, am I manually changing what was imported from the Schwab Brokerage file, and then check the box that says "The cost basis is incorrect or missing on my 1099-B"?
My K-1 info:
-Sales price and ordinary gain is $2111.
- Sales schedule purchase price = $6660 (which is the same as what is on the 1099-B)
- Sales schedule Cumulative Adjustments to Basis = $2010.
Form 1099- B info:
1d - Proceeds: $7729.75
1e - Cost Basis: $6660
Realized Gain: 1069.75
Thank goodness I sold this. It is such a hassle at tax time.
