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Entering Form 1099-B Box 11 aggregate profit on contracts in ProConnect Tax

by Intuit2 Updated 2 months ago

To enter Form 1099-B, box 11, aggregate profit (or loss) on contracts:

  1. Go to Input Return Income Dispositions (Sch D, etc.).
  2. Select Schedule D/4797/etc.
  3. Locate the transaction in the Quick Entry grid.
  4. Select Carryovers/Misc Info.
  5. Select the Contracts & Straddles tab.
  6. Under the section Contracts and Straddles (6781), select all applicable boxes.

The amount will flow to Form 6781 to be included on Schedule D and reported on the return as a capital gain or loss.

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