turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

8949 box letters incorect

received an 8949 from a crypto accounting website that has the box letter wrong for both short term and long term gains because of this new 1099 DA.


does anyone know if it matters if you choose the letter for 1099 DA without basis vs no 1099 DA with no basis for each crypto transaction?

 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
RobertB4444
Employee Tax Expert

8949 box letters incorect

The 1099-DA has been filed as is with the IRS.  If the long term/short term is incorrect as well as the basis then you should request a corrected form.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

8949 box letters incorect

The 8949 is incorrect not the 1099 DA

 

box letters are I but should be H 

 

basis is not reported 

RobertB4444
Employee Tax Expert

8949 box letters incorect

Sorry.  I misunderstood.  When you are entering the data into the system you should have the option to adjust those entries.  Has the import function just imported all of the transactions into the wrong sections?

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question