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    Worksheet for Schedule D . Does anyone know what happened to the "capital gain (loss) transaction worksheet, specifically for inherited house in 2020software?

    jesdq1
    Level 4
     
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    jesdq1
    Level 4

    Ok. I see the new format has added "adjustments" and the code for the adjustment to be carried to 8949, Part 2, column f, (code e for expenses of the  sale). The previous worksheet  carried this info to 8849. The previous schedule D entry did not allow a code, the code came from the worksheet automatically if entered under inherited.   That is what I was getting "hung up".

    Thanks for your help 

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    9 Comments 9
    garman22
    Level 13
    Level 13

    Sch D went through a face lift. The worksheet is there......

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    jesdq1
    Level 4

    Thanks can you give me a clue as to where it is?  I use to be able to "quickzoom" from schedule D? 

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    Just-Lisa-Now-
    Level 15
    Level 15
    use the 1099B worksheet button at the top, that will take you to something that resembles the old Sch D.

    ♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
    garman22
    Level 13
    Level 13

    @jesdq1 wrote:

    Thanks can you give me a clue as to where it is?  I use to be able to "quickzoom" from schedule D?


     Same here @jesdq1. It will take me awhile to get used to. 

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    Camp1040
    Level 11

    I'm still trying to find the "improvement" using the new form!😒

    garman22
    Level 13
    Level 13

    @Camp1040 wrote:

    I'm still trying to find the "improvement" using the new form!😒


    🤣🤣 Indeed! 😂😂

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    jesdq1
    Level 4

    I have a call in to Proseries, they were not able to give me an immediate answer, they are researching it. .  

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    Just-Lisa-Now-
    Level 15
    Level 15

    You dont need any special worksheet for selling inherited property. 

    Look at how it shows up on the 2019 8949, you can make it show up the same on the 2020 8949 using the 1099B worksheet.

    Just put Inherited in the acquired date box, mark the box No for it it was reported on a 1099B and No if it was reported to the IRS.


    ♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
    jesdq1
    Level 4

    Ok. I see the new format has added "adjustments" and the code for the adjustment to be carried to 8949, Part 2, column f, (code e for expenses of the  sale). The previous worksheet  carried this info to 8849. The previous schedule D entry did not allow a code, the code came from the worksheet automatically if entered under inherited.   That is what I was getting "hung up".

    Thanks for your help