Stock Sale not reported on a tax form

Forum|Forum|1 year ago
March 7, 2025
2 replies
13 views

I have a client that has reported to me that they sold some long held stock in 2024 and the proceeds were $76,128. He did not provide me with a tax form. I just have a copy of his bank statement showing where the money was deposited. Where do I report this on the return? My ProSeries Basic does not have a form 8949.

ProSeries Basic

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Best answer by Just-Lisa-Now-

Open Sch D, at the top of the window is a button to the 1099B worksheet, thats where you enter it.

sjrcpa

Level 15

I'm sure it does. Find the 1099-B input section and indicate not reported on 1099-B, or something like that.

I don't use ProSeries.

The more I know the more I don’t know.

C

catherine3Author

Level 4

I am unable to open a 8949 in ProSeries Basic. Apparently, I need to create the form by some other means. Does anyone have any experience with this? I have inserted a picture of the grayed-out selection of the form 8949.

Just-Lisa-Now-

Answer

Intuit Community Champion

Open Sch D, at the top of the window is a button to the 1099B worksheet, thats where you enter it.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

qbteachmt

Level 15

Unless this was a private sale, of course there is a 1099-B somewhere. Why wouldn't you require the taxpayer to provide it to you? You need a lot more detail than the deposited amount.

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