Force 1099-B Asset on Form 8949

4 replies
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Hello,

I'm trying to find a way to print a single asset on the 8949 rather than all assets on the 8949.

Is there a way in Lacerte to have an asset with box A or D checked and no code/adjustment generate the form 8949?

Thanks!

Lacerte Tax

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Bizzy85Answer

Level 2

Thanks!

I'm aware of the global option in settings and the option for the return in "Carryovers/Misc. Info" but don't see a field to force one ~~asset~~ ~~property~~ stock sale to print on the 8949. Sadly, I don't think it is possible.

abctax55

Level 15

Do you mean stock sales (*assets* to me means items on a depreciation schedule)?

"A" & "D" are covered transactions. List JUST the totals - I use the brokerage name & S/T or L/T Covered as my description.

In settings>options>tax return>federal return options> about 1/3rd way down = "Report All Assets on Form 8949", you can select "report all on F 8949" which will make (globally) whatever you enter on Screen 17 show up on F 8949. Covered transactions don't have to go on F 8949, but I find it easier to reconcile the return if they do.

I *think* there's a box to check on Screen 17 to check to force just *that* transaction to F 8949, but I'll let you look for it if you aren't interested in the global solution.

HumanKind... Be Both

B

Bizzy85AuthorAnswer

Level 2

Thanks!

I'm aware of the global option in settings and the option for the return in "Carryovers/Misc. Info" but don't see a field to force one ~~asset~~ ~~property~~ stock sale to print on the 8949. Sadly, I don't think it is possible.

abctax55

Level 15

That one *looks* like it should work on an sale by sale basis. DO you have the box "reptd to IRS" blank?

HumanKind... Be Both

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