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    Re: accrued market discount on form 1099-B

    kohat
    Level 2

    I am having hard time entering market discount on 1099 B in Lacerte.  On screen 17.1, if i enter as 

    positive figure, it shows as loss on form 8949 whereas market discount should be income.  On screen 17.1 it does it does not let me enter as negative figure.  Please help

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    1 Comment 1
    IntuitKate
    Moderator
    Moderator

    Hi @kohat  Here two articles that might help: Entering a 1099-B  in Lacerte and Schedule D tax import 1099-B is not reporting basis in Lacerte. If you are still experiencing this issue we recommend contacting  Lacerte Support  as they can remote in and take a closer look.  

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