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Level 2
March 13, 2021
Solved

Where to enter "Noncovered Box 5" from 1099-B

  • March 13, 2021
  • 4 replies
  • 32 views

IN the past in ProSeries 2018 and 2019 there was a different worksheet where you could select on the worksheet "Covered" or "Noncovered" securities from the 1099-B that transferred to Form 8949, Part II, Box E and checked Box 5.   I cannot find where to enter this Box 5 on the new worksheet for 2020 1099B form.   Says to report on  Form 8949, Part II, Box E and checked Box 5.  Please HELP!

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Best answer by Debu

Thank you for your assistance!  Much appreciated.

4 replies

Camp1040
Level 10
March 13, 2021

Check the box Basis not reported to the IRS on the 1099-B worksheet.

Just-Lisa-Now-
Intuit Community Champion
March 13, 2021

Looks the same to me.     Basis reported to IRS?  Yes = Covered  No = Non covered

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
DebuAuthor
Level 2
March 13, 2021

Thank you for your assistance.  I used the longer entry form in the past and this was noted there in 2018.  Form has been updated this year and slightly different. Much appreciated!

DebuAuthorAnswer
Level 2
March 13, 2021

Thank you for your assistance!  Much appreciated.