Where to enter 1099-B 1f/1g?

[Sunny2August]

Q: Where can I enter 1099-B 1f/1g information?

On the page "Tell us about your 1099-B", after entering Total proceeds, cost basis, there is a box "I need to enter amounts from box 1f, box 1g, or other adjustments". After I check the box, two spaces are shown: Total adjustments to gain or (loss) and List all adjustment codes.

How do I use these two spaces to enter 1f/1g information?

I have TurboTax Premier 2022.

Thank anyone who can help.

[rjs · Accepted solution]

Enter the codes for column (f) in the adjustment codes box and the amount for column (g) in the total adjustments box. You are making a single summary entry for multiple sales. If there are multiple adjustments on your brokerage statement, add up the amounts and enter the total. (The statement may show the total.) If there are multiple different codes on the brokerage statement, enter all the codes, but if the same code is used for multiple sales, you only have to enter it once.

[piman31]

Box 1f  $1000  (wash sale disallow)

Box 1g  $2000    Adjustment code D (accrued market discount)

Adjustment code box turns pink

What to do?

Thank you.

[rjs]

@piman31 

It sounds like you are using forms mode. Entering investment sales in forms mode is complicated and error-prone. Enter the sale in the Step-by-Step interview, not in forms mode. At the bottom of the screen where you enter the details of the sale check the box that says "I have other boxes on my 1099-B to enter." That will give you places to enter boxes 1f and 1g.

Note: You tagged on to a thread that is 3 years old. The TurboTax interview for investment sales has changed. The instructions that I posted 3 years ago will no longer work.