Form 8949

[KelleyR]

Hello.

I am resubmitting this question again because I had a typo in the first submission. 

I am filing an amended return for 2022, which includes a new schedule D and form 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

[DianeW777 · Accepted solution]

It depends.  If you are referring to the check boxes for the lines below, you should go ahead and file your tax return as is. There is no need for concern at all.

• (D) Long-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS (see Note above) 
• (E) Long-term transactions reported on Form(s) 1099-B showing basis wasn’t reported to the IRS

Either way the capital gain or loss is correct on your tax return and the check box doesn't change that.