ERIC J
Level 3

Yes, thank you Terry, I tried your recommendation but still cannot get the "N" to print on F8949.  I found your nominee explanation statement and filled it out (although it is titled for nominee reporting for "Capital Gain Distributions" not Form 8949 sale transactions like mine).  I seem to have all the input correct in Part X line 7 and otherwise of the Capital Gain Transaction Worksheet.  Still no luck.  

My workaround is to plug my cost basis to match the proceeds for a ZERO Gain/Loss.  In the description field, I added the verbiage "Nominee Only-Reported at EIN xx-xxxxxxx".  Hopefully I can at least avoid an IRS CP2000 matching notice this way.

For emphasis, I'm also adding a general explanation statement to the 1040 explaining the details of the nominee transaction and its proper reporting on the tax return for the actual owner of the income.  

0 Cheers