I'm using TT Premium edition and have a form 1099-S showing gross proceeds from the title company with no basis. This is a LT gain. Per IRS 8949 instructions - purpose of the form is to reconcile amounts reported to you and the IRS on FORMS 1099-B or 1099-S (or substitute statements) with the amounts you report on your return. In TT Under Investment Income/Stocks, Mutual Funds, Bonds, Other/Added More Sales/It asks Did you get a 1099-B or a brokerage statement for these sales? Can I answer Yes, because the 1099-S is a substitute form? Then when it asks what box can I choose E (Long term noncovered)?
