Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
990-PF
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
NJ_EA
Level 3
06-03-2021
02:33 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
On page 3, Part IV of the 2020 990-PF in ProSeries, it is now required that the sale and acquisition dates be entered for every stock sale in columns (c) and (d)
According to the IRS instructions, however, you are allowed to leave columns (c) and (d) blank and report lump sum figures (see page 22), so clearly, ProSeries is wrong
I have over five hundred sales, how do I report the totals without reporting each individual sale?
Labels
This discussion has been locked.
No new contributions can be made. You may start a new discussion
here
1 Comment 1
ihan
Employee
06-03-2021
04:38 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Hi NJ_EA,
Please write "publicly traded securities" on Part IV line 1 column (a). The errors on Part IV line 1 col b,c,d should disappear. Please see the detail in government instruction page 22.
Related Topics
