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schedule D transactions

Level 2

As there have been changes to some of the forms in Pro Series Basic, how does one go about recording sale transactions when you are dealing with multi page brokerage form 1099B

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2 Comments 2
Level 7
Level 7

The changes in the Proseries Basic Forms for capital gains transactions has not impacted this issue.

What I have always done is simply enter e.g. "BROKERAGE NAME Short Term Covered Trades", then list the total proceeds and total cost basis, which should be provided in the brokerage 1099 statement.  Then go ahead and attach the 1099 as a file to the return.  That enables you to avoid entering every individual transaction.

Level 11
Level 11

the Changes to Sch D transactions is going to take some getting used to this year but will probably be more effective once you get the hang of it. If there are more than a handful of transactions i enter a summary and attach the 1099

If at first you don’t succeed…..find a workaround
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