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Enter your investment sales in the Investment Income section of the program and a Schedule D and Form 8949 will be generated.
To enter an investment sale from a brokerage account (1099-B), follow the steps below.
Or enter investment sales in the Search box located in the upper right of the program screen. Click on Jump to investment sales
My Schedule D (with Box D checked) printed, but the form 8949 did not print.
It is difficult for us to comment on why there was no 8949 generated without looking at your return. if you did have capital gains activities that were reported on a Schedule B, you should have received an 8949. The Purpose of IRS Form 8949. Anytime you sell or exchange capital assets, such as stocks, land, and artwork, you must report the transaction on your federal income tax return.
At this point you may wish to contact a specialist that can work through that section of the return with you. The specialists can look at your return on their screen to find out exactly what is causing this issue and suggest how you can take corrective action if needed.
Thanks Dave, my mistake. The form 8949 was camouflaged to my eyes. Sorry. I was looking for the form number at the top of the page, the form 8949 number is shown at the bottom of the page.
Perhaps you can answer my other question: Our standard deduction is $27,000, but our itemized amounts came to $31,293. Why did Turbo Tax NOT generate a Schedule A? Turbo Tax is forcing me to take the standard deduction of $27,000.
Ooops, again. The $31,293 itemized deduction amount mentioned in the above message included our investment expenses, which are no longer deductible. So, the standard deduction now becomes more than our itemized deductions and Turbo Tax is correct, again.
Thanks for your help.
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