topic Re: Deleting 8949 in Get your taxes done using TurboTax

Deleting 8949

royriva1 — Sat, 02 Oct 2021 16:04:03 GMT

I need to delete a long term capital gain item on my Schedule D. I is populating from a form 8949. I can not delete the 8949 because it keeps getting recreated. I know I need to delete the 1099-B that is populating the 8949. However I have looked at all the 1099-B's listed in forms view and I can not find a 1099-B with the data that is populating the form 8949 that I am trying to delete. Can anyone help?

Re: Deleting 8949

royriva1 — Sat, 02 Oct 2021 16:24:47 GMT

Additional information I just noticed: Box F is selected: Long-term transactions not reported on 1099-B

Re: Deleting 8949

Mike9241 — Sat, 02 Oct 2021 16:29:12 GMT

type F transactions can be entered through a 1099-B worksheet. other sources are disposition worksheets for partnerships and S-Corps which are entered through a sub-worksheet of a K-1. do you have any K-1s where you disposed of them?

Re: Deleting 8949

royriva1 — Sat, 02 Oct 2021 16:33:06 GMT

Yes, this capital gain is on a K-1. My total capital gains for the year is coming out too high since the amount on the K-1 is included in the Schedule D and the same amount is included a second time on the Schedule D. The source of the second entry is that 8949 I am trying to delete.