- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Form 8949 - TT is generating a Form 8949 for transactions not reported to the IRS. However, all of the transactions have been reported to the IRS (1099-B)
You
TT is generating a Form 8949 for transactions not reported to the IRS. However, all of the transactions have been reported to the IRS (1099-B) and I have checked that box in the interview section. How do I eliminate the Form 8949 and ensure these transactions show on Sched D as having been reported to the IRS?
Topics:
posted
June 7, 2019
3:20 PM
last updated
June 07, 2019
3:20 PM
Connect with an expert
Do you have an Intuit account?
You'll need to sign in or create an account to connect with an expert.
4 Replies
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Form 8949 - TT is generating a Form 8949 for transactions not reported to the IRS. However, all of the transactions have been reported to the IRS (1099-B)
You still use the 8949 to report the transactions, even if the basis has already been reported to IRS.
♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪
June 7, 2019
3:20 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Form 8949 - TT is generating a Form 8949 for transactions not reported to the IRS. However, all of the transactions have been reported to the IRS (1099-B)
transactions not reported to IRS - category C or F
transactions with basis not reported to IRS - category B or E
Make sure your transaction entries are put into the correct Box Categories.
June 7, 2019
3:20 PM
Anonymous
Not applicable
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Form 8949 - TT is generating a Form 8949 for transactions not reported to the IRS. However, all of the transactions have been reported to the IRS (1099-B)
this is what happens if you import from a brokerage. TT has had this issue for years. if you imported you need to delete the import then use the 1099-B worksheet to enter the summary for the transactions with basis reported
June 7, 2019
3:20 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Form 8949 - TT is generating a Form 8949 for transactions not reported to the IRS. However, all of the transactions have been reported to the IRS (1099-B)
What? Use of the summary option is optional. If the transaction detail is imported (and is correct and complete) you're done.
June 7, 2019
3:20 PM
Still have questions?
Make a post