Form 8949

KelleyR — Wed, 12 Feb 2025 23:33:01 GMT

Hello.

First if this post goes through correctly I'm going to buy a lottery ticket. 🙂

Hello.

I am filing an amended return for 2022, which includes a new schedule D and for 8949. While proofing the 1040 - X the classification of a long-term sale was changed from D (reported on 1099-B) to E. I deleted and reentered the information 3 times to be sure I had not made a mistake. This change was not made on a long-term sale conducted by a different investment company.

Any hypothesis as to why the change is occurring and is it safe to go ahead and file my return?

Thank you for your time.

Kelley

Re: Form 8949

ThomasM125 — Thu, 13 Feb 2025 02:29:37 GMT

I'm not sure why the code is being changed. It is safe to file your return as the classification from D to E will still mean the gain will be treated as long-term. The worst that could happen is that the IRS would question the classification, but the tax would stay the same regardless, so no additional tax or penalty would be due.

topic Form 8949 in Deductions & credits

Form 8949

Re: Form 8949