Form 8949

[KelleyR]

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

[ThomasM125]

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.