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I have a client who sold a time share fo $16.5K. Basis on this property is approximately $15K. He did not receive a 1099 documenting the sale. I cannot figure out how to enter this transactions in Pro Series Basic, can anyone guide me? thanks
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Schedule D - it’s not all that bad if you take a couple of minutes to play with it.
Slava Ukraini!
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Use Sch D, click the 1099B worksheet, scroll down past the brokerage info and you'll find an entry screen that you can input it.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Lisa or Ironman, speaking of 1099-b worksheet when I was entering a multiple stock sale for the same exact security, I had to keep typing in the name each time it was sold, in the past it pre-populated itself and I didn't have to keep typing it in. Is this some type of software glitch or is there something I should or should not do? I know that I can summarize, but I would rather put the individual sales detail in because I think the state wants to see this.... thanks a lot I appreciate it
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Although I had a bunch of misspelled ones and ones I would have liked to get rid of in prior years, maybe someday they'll give us the option to be able to customize those auto fill entries.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Thanks Lisa.... I do not know why this was changed... As the old saying goes, if it is not broken do not fix it.
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The auto fill feature never worked for beans anyway. When it did work, it remembered misspelled names better than correctly spelled names.
Slava Ukraini!