sale of securities

[gk1]

how do i enter the sale of a LT security that needs Box D on Form 8949?

[George4Tacks]

Screen 17. Enter the items into the grid. Make sure the dates make the sale long term (year and a day). Make NO ENTRY in the column after Basis, that will make the code D.

In this image the first 2 will be code E, the third entry will be code D.

[gk1]

specifically looking for how to code entry so that Schedule D line 8b gets populated.

[George4Tacks]

That is exactly what I gave you. 

Make long term. Enter NOTHING for the Basis reptd...

Form 1099-B: blank=box 3 shows basis, 1=box 3 does not show basis, 2=Form 1099-B not received

Schedule D

Screen 17; Code 541

This field determines where the asset prints on Form 8949. Leave this field blank if the transaction was reported on Form 1099-B with the basis reported to IRS. This will print on Form 8949 with Box A or D checked. Enter ‘1’ if the transaction was reported on Form 1099-B but the basis is not reported to IRS.. This will print on Form 8949 with Box B or E checked. Enter ‘2’ if Form 1099-B was not received.   This will print on Form 8949 with box C or F checked.

[gk1]

the 1099 says "transactions should be reported on 8949 in Part II with Box D checked. 

[PhoebeRoberts]

So when you made the entries George told you to make in Lacerte, and viewed forms, what did your result look like?

[gk1]

my issue is the 1099 says to report sales on 8949 with box D checked.  i still don't have that answer

[George4Tacks]

Sorry, I give up. I told you twice how to make the program do what you want. Call support. 

8949 Part 2 is long term so make sure the dates are far enough apart.

D is "transaction reported on ..." which is a BLANK

Good luck.

[PhoebeRoberts]

Yes, you do. You can see George's responses to you, right? And you can see the screenshots in them that show the Lacerte input?

[George4Tacks]

Okay, One last try. 

Screen 17 > Disposition (middle of left column) > Carryovers/Misc Info (click the underlined portion > Schedule D > last option enter 1=yes

Now look at the forms view.

P.S. You are not required to have option 1=yes. It is permissible to show the sale on Schedule D. line 8a.

[DennyBriBri2]

I followed your example yesterday for a taxpayer and it worked.  I have another taxpayer (they are bothers with similar gains/losses) and I cannot get the values where Box D or Box A is checked (8b/1b).  Is there another place in Details to indicate what Box is checked?

[MattyIce]

George isn't understanding the problem most likely. 

Under: Settings>Options>Tax Return(tab)>(scroll to)"report all assets on form 8949">(select)Yes

Now your box (A) and (D) assets should flow to form 8949 and to the correct lines on Sch D

Just a settings issue.  Hopefully that helps.

[Reedcullen99]

That solved mine for this problem!! Thank you

[lina]

Thanks! Assumed was a setting issue but wasn't sure where to fix this.