Support CenterWhat are the codes for Form 8949 - Columns f and g using SureFire?
Note: To enter a negative number in SureFire, enter a minus sign or hyphen (-) before entering the amount.
IF... THEN enter this code in column (F) AND...
You received a Form 1099-B (or substitute statement) and the basis shown in box 1e is incorrect...
B
If box B is checked at the top of Part I or if box E is checked at the top of Part II, enter the correct basis in column (e), and enter -0- in column (g).
If box A is checked at the top of Part I or if box D is checked at the top of Part II, enter the basis shown on Form 1099-B (or substitute statement) in column (e), even though that basis is incorrect. Correct the error by entering an adjustment in column (g).
You received a Form 1099-B (or substitute statement) and the type of gain or loss (short term or long term) shown in box 2 is incorrect...
T
Enter -0- in column (g). Report the gain or loss on the correct Part of Form 8949.
You received a Form 1099-B or 1099-S (or substitute statement) as a nominee for the actual owner of the property...
N
Report the transaction on Form 8949 as you would if you were the actual owner, but also enter any resulting gain as a negative adjustment (in parentheses) in column (g) or any resulting loss as a positive adjustment in column (g). As a result of this adjustment, the amount in column (h) should be zero. However, if you received capital gain distributions as a nominee, report them instead as described under Capital Gain Distributions in the Instructions for Schedule D (Form 1040).
You sold or exchanged your main home at a gain, must report the sale or exchange on Part II of Form 8949 (as explained in Sale of Your Home in the Instructions for Schedule D (Form 1040)), and can exclude some or all of the gain
H
Report the sale or exchange on Form 8949 as you would if you were not taking the exclusion. Then enter the amount of excluded (nontaxable) gain as a negative number (in parentheses) in column (g). See the example in the instructions for column (g).
You received a Form 1099-B showing accrued market discount in box 1g
D
If you received a partial payment of principal on a bond, do not use the worksheet. Instead, enter the smaller of the accrued market discount or your proceeds in column (g). Also report it as interest on your tax return.
If you chose to include market discount in income currently, enter -0- in column (g). Before figuring your gain or loss, increase your basis in the bond by the market discount you have included in
Additional Information
Para obtener la versin en espaol de este artculo de Knowledge Base, haga clic aqu:Cules son los cdigos para la Forma 8949 - Columnas F y G usando SureFire?
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