- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Best Answer Click here
This discussion has been locked. No new contributions can be made. You may start a new discussion here
Accepted Solutions
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
The program is doing thing as they should be. The 8949 is not required for "covered" transactions. If you really want to use more pixels and/or paper and see a single line that really does not say much on the 8949, then you must:
Go to Dispositions
in the upper right click Carryovers/Misc Info
Scroll down to the bottom entry and input a 1
When you are done, spend a bit of time with the instructions for Schedule D. In particular the paragraph in the lower left of the first page with a link for Lines 1a and 8a
Answers are easy. Questions are hard!
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
You get part 2 by indicating that the basis is NOT reported
If you imported, then you need to make that entry for every unreported basis - royal pain!
Answers are easy. Questions are hard!
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
But it was reported to the IRS, I need box D checked and it isn’t populating. Only Part 1
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
For box D, you need purchase date and sale date to be a year and a day apart or more. It also needs to indicate that the basis is reported.
I misspoke in my earlier post. How many transactions do you have?
Answers are easy. Questions are hard!
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I have numerous lines but I was just going to enter the totals so it is only one line. To enter that the basis is reported I leave it blank but it still isn’t transferring to the part 2.
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
What purchase dates are you using? Page 2 is all long term. Try this:
Purchase date -01/01/00
Sales date -01/02/21
(Notice the minus) this should print as various and give you long term
Answers are easy. Questions are hard!
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Yeah, I just tried that it still just isn't regenerating. I don't know what else to try.
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Do you think it is a larger issue?
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
If you look at Schedule D, are there amounts on lines 8a, b, 9 or 10?
If so which line numbers have figure.
Answers are easy. Questions are hard!
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Yes it is the same amounts that I need to show up on the 8949 Part 2. Amount are only show on part 8a.
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
The program is doing thing as they should be. The 8949 is not required for "covered" transactions. If you really want to use more pixels and/or paper and see a single line that really does not say much on the 8949, then you must:
Go to Dispositions
in the upper right click Carryovers/Misc Info
Scroll down to the bottom entry and input a 1
When you are done, spend a bit of time with the instructions for Schedule D. In particular the paragraph in the lower left of the first page with a link for Lines 1a and 8a
Answers are easy. Questions are hard!
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I just didn't want to incorrect report the long term transactions, but I think this helps!