turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

hdanalex
New Member

On 1099-B does Box D & Box E equal the pulldown options on the Turbo Tax form?

On my 1099-B the 1099 references A, D & E.  Does that correspond to the Turbo Tax pull down options.    I was getting mixed messages between the E v the F.  On my 1099-B it says A short therm realized Gain, Short term transaction which basis is reported to the IRS.  Box E long term realized Gain, Long term transactions for which basis is to reported to the IRS. Box D long term realized Gain, Long term transactions for which basis is reported to the IRS.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
JulieCo
New Member

On 1099-B does Box D & Box E equal the pulldown options on the Turbo Tax form?

Yes, the pull down options of A, D, & E on the 1099-B entry form correspond to the A, D & E references on your form. 

The difference between E and F is that E is long term "non covered" or long term gain, with the cost basis not reported to the IRS. And F is long term "not reported" or long term gain for which the sale is not reported to the IRS.

D is long term covered or long term gain with cost basis reported to the IRS

A is short term covered or short term gain with cost basis reported to the IRS

View solution in original post

1 Reply
JulieCo
New Member

On 1099-B does Box D & Box E equal the pulldown options on the Turbo Tax form?

Yes, the pull down options of A, D, & E on the 1099-B entry form correspond to the A, D & E references on your form. 

The difference between E and F is that E is long term "non covered" or long term gain, with the cost basis not reported to the IRS. And F is long term "not reported" or long term gain for which the sale is not reported to the IRS.

D is long term covered or long term gain with cost basis reported to the IRS

A is short term covered or short term gain with cost basis reported to the IRS

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question