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Investors & landlords
I have well over 200 unnecessary Capital G/L Adjustment Worksheets. The solution suggested is impractical as I would need to mail 128 pages from my Brokerage statements. This is a problem in the TT software and TT needs to fix it.
When I look at the Form 1099-B Worksheet, it has a section for Sale Results for Form 8949. All of the unnecessary Capital G/L Adjustment Worksheets has the Adj. Code(s) shown as "BYPASS8949." I interpret this to mean that that the TT software code should have an instruction to bypass the 8949 form and not to print an Adjustment Worksheet.
Please escalate this issue and get it fixed.
March 11, 2021
2:43 PM