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March 19, 2024
Question

Form 8949

  • March 19, 2024
  • 1 reply
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I have short-term and long term transactions (sales) in covered tax lots that are losses and I want to add them to the form 8949 in the TurboTax. The software is not showing me the 8949 and I cant tell if the calculations are accounting for the losses versus the gains in 1099 summary from my broker agency.

How do I make sure these losses are included against the gains?
Felix Costa

 

    1 reply

    March 19, 2024

    You can check the Schedule D and Form 8949 before you file by printing the return and compare the figures with your 1099-B. The instructions are shown below for both TurboTax Desktop and TurboTax Online.

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