8949

[sffdib]

I want to download each 1099B into separate 8949, is ProSeries able to do this and how?

[Just-Lisa-Now-]

8949s are completed for each type (long term, short term, covered or not, etc) of sale, not for each brokerage/1099B.

[sffdib]

The top of the input form, it asks for company name, account number EIN. 

[Just-Lisa-Now-]

thats the 1099B worksheet, you make entries there and it spreads them out to the 8949 page where the entry belongs.

[Just-Lisa-Now-]

If youre importing the 1099B from the brokerage, I dont know it it uses the 1099B worksheet (Ive never imported anything), I thought it just put the figures on the Sch D and the correct page of the 8949.

[sffdib]

If you have not imported before, and you start, you will be disappointed. It is a disaster. The program who coded the form should be fired. I have a client with several transactions and brokerage. Several trial and errors, and calling tech support who were not helpful. It took me 4 hours to get everything done. It works if you have one form and one brokerage. 

[Just-Lisa-Now-]

Could have manually entered the summarized figures from each 1099B soooo much quicker.

[sffdib]

There is no field for disallowed losses. 

[Just-Lisa-Now-]

disallowed losses as in wash sales?

[sffdib]

yes

[qbteachmt]

Here is the Help article for Wash Sales:

https://proconnect.intuit.com/community/individual/help/entering-a-partial-wash-sale-information-usi...