To resolve the 1099-B unknown error issue, your options include:
- Delete the Robinhood import and re-upload it.
- Robinhood is known to invest in stocks, options, ETF's, as well as for offering crypto trading. If any of your transactions include cryptocurrency, try entering any cryptocurrency separately.
- The IRS Form 8949 has separate reporting when investments have been sold and the transactions were not reported on Form 1099-B.
- The transactions are reported on Form 8949 with Box C checked for Short-term and Box F checked for Long-Term Transactions.
- from the Left Menu>Federal>Wages & Income>
- Add more income>Scroll down to Investment Income>
- Cryptocurrency click Start
- Submitting the return as-is with the error if you do not see anything to correct
You need to review your brokerage statement and confirm the basis and time periods. The program wants all answers to be in one of these categories.
- short term covered
- short term non-covered
- long term covered
- long term non-covered
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