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Level 2
May 18, 2020
Question

1099-B, BOX 13

  • May 18, 2020
  • 2 replies
  • 12 views

IN LACERTE TAX, ON A S-CORPORATION, WHERE DO I ENTER BOX 13 OF A 1099-B?

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2 replies

Accountant-Man
Level 13
May 18, 2020

Sorry, but I bet there are professionals out there who could answer your question, off the tops of their heads, if you gave them more info.

I cannot help, since I would have to look it up, but I think you are wasting time.

** I'm still a champion... of the world! Even without The Lounge.
George4Tacks
Level 15
May 18, 2020

When all  else fails, look at the instructions that come with the 1099-B

and DO YOU KNOW WHAT IS MORE ANNOYING THAN USING ALL CAPS?

Box13.Showsthecashyoureceived,thefairmarketvalueofanypropertyorservicesyoureceived,andthefairmarketvalueofanytradecreditsorscripcreditedtoyouraccountbyabarterexchange.SeePub.525.

 

Answers are easy. Questions are hard!