Possibly the worst part is the instructions on the IRS website: https://www.irs.gov/instructions/i8949#en_US_2022_publink[phone number removed]
| You received a Form 1099-B or 1099-S (or substitute statement) as a nominee for the actual owner of the property | N | Report the transaction on Form 8949 as you would if you were the actual owner, but also enter any resulting gain as a negative adjustment (in parentheses) in column (g) or any resulting loss as a positive adjustment in column (g). As a result of this adjustment, the amount in column (h) should be zero. However, if you received capital gain distributions as a nominee, report them instead, as described under Capital Gain Distributions in the Instructions for Schedule D (Form 1040). |
I did that for my first transaction of course following it you negate the profit, and it does not quite make sense, whether, pretty sure I did not meet the first condition, I found some other documentation that I'm pretty sure was written backwards too (which number you subtract from which, it made no sense) I think it was related to RSU cost basis on the IRS website but I don't remember.
My plan is to just try again in a few days.
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WHoops was supposed to be a reply to this thread: https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/every-1099-b-entry-im...
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