- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
If no adjustments are being made to the basis reported to the IRS, Form 8949 is not required and you do not have to attach a statement like a 1099-B reconciling the differences.
Your sales totals will be reported directly on Schedule D as short-term transactions subject to your ordinary income tax rate.
March 13, 2022
7:04 AM