<?xml version="1.0" encoding="UTF-8"?>
<rss xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:taxo="http://purl.org/rss/1.0/modules/taxonomy/" version="2.0">
  <channel>
    <title>topic Same issue in Investors &amp; landlords</title>
    <link>https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/same-issue/01/3204069#M110115</link>
    <description>&lt;P&gt;Possibly the worst part is the instructions on the IRS website: &lt;A href="https://www.irs.gov/instructions/i8949#en_US_2022_publink[phone number removed]" target="_blank" rel="noopener"&gt;https://www.irs.gov/instructions/i8949#en_US_2022_publink[phone number removed]&lt;/A&gt;&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;LI-SPOILER&gt;&lt;TABLE width="100%"&gt;&lt;TBODY&gt;&lt;TR&gt;&lt;TD&gt;You received a Form 1099-B or 1099-S (or substitute statement) as a nominee for the actual owner of the property&lt;/TD&gt;&lt;TD&gt;N&lt;/TD&gt;&lt;TD&gt;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 &lt;SPAN class=""&gt;Capital Gain Distributions&lt;/SPAN&gt; in the Instructions for Schedule D (Form 1040).&lt;/TD&gt;&lt;/TR&gt;&lt;/TBODY&gt;&lt;/TABLE&gt;&lt;/LI-SPOILER&gt;&lt;P&gt;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.&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;My plan is to just try again in a few days.&lt;/P&gt;</description>
    <pubDate>Tue, 10 Feb 2026 11:12:47 GMT</pubDate>
    <dc:creator>BrimstoneFox</dc:creator>
    <dc:date>2026-02-10T11:12:47Z</dc:date>
    <item>
      <title>Same issue</title>
      <link>https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/same-issue/01/3204069#M110115</link>
      <description>&lt;P&gt;Possibly the worst part is the instructions on the IRS website: &lt;A href="https://www.irs.gov/instructions/i8949#en_US_2022_publink[phone number removed]" target="_blank" rel="noopener"&gt;https://www.irs.gov/instructions/i8949#en_US_2022_publink[phone number removed]&lt;/A&gt;&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;LI-SPOILER&gt;&lt;TABLE width="100%"&gt;&lt;TBODY&gt;&lt;TR&gt;&lt;TD&gt;You received a Form 1099-B or 1099-S (or substitute statement) as a nominee for the actual owner of the property&lt;/TD&gt;&lt;TD&gt;N&lt;/TD&gt;&lt;TD&gt;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 &lt;SPAN class=""&gt;Capital Gain Distributions&lt;/SPAN&gt; in the Instructions for Schedule D (Form 1040).&lt;/TD&gt;&lt;/TR&gt;&lt;/TBODY&gt;&lt;/TABLE&gt;&lt;/LI-SPOILER&gt;&lt;P&gt;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.&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;My plan is to just try again in a few days.&lt;/P&gt;</description>
      <pubDate>Tue, 10 Feb 2026 11:12:47 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/same-issue/01/3204069#M110115</guid>
      <dc:creator>BrimstoneFox</dc:creator>
      <dc:date>2026-02-10T11:12:47Z</dc:date>
    </item>
    <item>
      <title>Re: Same issue</title>
      <link>https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-same-issue/01/3204079#M110116</link>
      <description>&lt;P&gt;WHoops was supposed to be a reply to this thread: &lt;A href="https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/every-1099-b-entry-imported-from-etrade-shows-up-incorrectly-with-adjustment-code-n/00/3196968/page/3" target="_blank"&gt;https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/every-1099-b-entry-imported-from-etrade-shows-up-incorrectly-with-adjustment-code-n/00/3196968/page/3&lt;/A&gt;&lt;/P&gt;</description>
      <pubDate>Tue, 20 Feb 2024 02:30:17 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-same-issue/01/3204079#M110116</guid>
      <dc:creator>BrimstoneFox</dc:creator>
      <dc:date>2024-02-20T02:30:17Z</dc:date>
    </item>
  </channel>
</rss>

