The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Incorrect 1099||Date: 2/24/2013 12:42 PM|
|Author: vkg||Number: 117874 of 122566|
If you're using Form 8949 pay careful attention to the form's instructions since there's a specific way of correcting 1099 information for an "A" transaction.
Rule Your Retirement Home Fool
I have read the instructions for form 8949. It does require care, but doesn't look too difficult.
With an "A" transaction, it looks like columns a through e match the entry on Schedule D. Column f should be "B", which makes column g "0".
It is annoying that I am not able to convince the H&R Block software to display Form 8949. Since it will be a paper return, it is easy to work around that problem.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|