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April 16, 2024
Question

Forms 8949 & Schedule D not showing loss as entered

  • April 16, 2024
  • 1 reply
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After entering the information for the sale of an inherited home, however I don't see where to account for the amount of adjustment for column g on the 8949 worksheet generated from my entries.  Where should this be accounted for in the Step-by-Step version?  Or, is that only an option if you are using the Forms version?

    1 reply

    April 17, 2024

    You can access the information on Form 8949 column g by answering the question toward the end of the entry screens for the sale that asks whether there were any 'sales expenses not included in the proceeds'.  Putting an amount in the box for sales expenses will populate that field of Form 8949 and adjust the overall gain or loss accordingly.

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