Question

1099-B Form

Forum|Forum|4 years ago
April 5, 2022
1 reply
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I am going through the Analysis phase of my taxes. It has selected my 1099-B Worksheet for review. The boxes that are red are as follows: Columns d, e, g, h, i. Box c is filled out.

Comparing what it's asking for, against what's on my 1099-B form:

d - No box 1, but boxes 1a-1g are there

e - No box 3

g - There is a box 2. Turbotax is asking for a date, and my form has Long Term on it

h- Box 4 is 0 - enter $0?

i - Box 5 is a check box, not a $ amount.

It looks like I can just ignore these errors and continue onwards. I just don't want to get audited.

G

GeorgeM777

Yes, you can continue to prepare your return. The Worksheet is not filed with your return as it is a document for your records. Have you reviewed your Investment sales summary and does it accurately reflect the gain/loss for your securities transactions? If yes, then there is nothing more you need to do. If not, then make whatever adjustments are necessary.

@userman43

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