I have to report sales of stock for which I also received contingent value rights. There does not seem to be a way to adjust the proceeds to add the fair market value of the CVRs. Even though Form 8949 has columns to add a code and adjust the gain, I cannot find where to do this in the Turbo Tax easy-step process. If I try to adjust it in the actual form, it says that it is based on Schedule D input.
How can I add the adjustment onto the tax form?
Do I just add the amount in the proceeds box when initially reporting the amount in Turbo Tax?
Thanks
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Please disregard - I was able to figure it out by going to forms and the Capital Asset Sales Entry Worksheet. There, I was able to enter the codes and adjustment amounts.
Please disregard - I was able to figure it out by going to forms and the Capital Asset Sales Entry Worksheet. There, I was able to enter the codes and adjustment amounts.
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