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aavachher
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Do I need TurboTax Premium if I only have 8959 entries due to Return of Capital?

 
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1 Reply
JamesG1
Expert Alumni

Do I need TurboTax Premium if I only have 8959 entries due to Return of Capital?

Form 8959 is Additional Medicare Tax.  Do you mean IRS form 8949 Sales and Other Dispositions of Capital Assets?

 

What form will the return of capital take?  If the transaction is reported on an IRS form 1099-B, the transaction may also be reported on IRS Schedule D and IRS Schedule 8949.

 

TurboTax Online Premium will be required to report these forms.

 

 

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