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Sprintax 1099-B form does not let me enter 1f. Accrued Market Discount

Hi, I'm on F1 visa and 3rd year in the US. I'm using Sprintax to file my tax return as nonresident alien. I'm trying to enter sale of UST. I'm able to enter 1d. proceeds and 1e. Cost basis but Sprintax does not let me enter 1f. Accrued Market Discount. Without field 1f., Sprintax wrongly calculates that I have capital gain when in fact I have flat gain/loss as indicated on my broker 1099-B form. In this case, do I just add field 1f. Accrued Market Discount to field 1e. Cost basis? Thank you very much for your help.

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4 Replies
DaveF1006
Expert Alumni

Sprintax 1099-B form does not let me enter 1f. Accrued Market Discount

Check your form in your return where you enter the basis, proceeds etc. there should be a box where you place a check mark indicating you have other boxes on your 1099 B to enter.  Check the box and 1F should appear. Please see screenshot below.

 

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Sprintax 1099-B form does not let me enter 1f. Accrued Market Discount

Thanks very much for the reply! I'm using Sprintax since I'm a nonresident Alien. It doesn't seem like Sprintax has this checkbox :( 

AmyC
Expert Alumni

Sprintax 1099-B form does not let me enter 1f. Accrued Market Discount

Sprintax has a customer support team that may be better able to help with their product. See Contact us - Sprintax.com

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Sprintax 1099-B form does not let me enter 1f. Accrued Market Discount

They've told me again and again that it's a field that is for reference only .. but the absence of this field messes up the capital gain/loss calculation..

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