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Form 8949

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Level 1

How do I change form 8949 code.  Part I section 1 (f) from a W to  L

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4 Replies 4
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Level 15

https://proconnect.intuit.com/community/form-1099-b/help/generating-form-8949-column-f-for-various-c...

REMOVE the wash sale entry then:

  1. Go to the Input Return tab.
  2. On the left-side menu, select Income.
  3. Click on Dispositions (Sch D, etc.).
  4. In the Quick Entry grid, enter all applicable information regarding the sale.
  5. Click the Details button.
  6. Select the Schedule D section at the top of your input screen.
  7. Enter an amount in Amount of loss that is nondeductible (-1 to disallow all).

ex-AllStar
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Highlighted
Level 1

Thanks for your assistance!

I followed the steps outlined originally which produced a code "W".  I need code "L"  I don't see how I can make that change

Thx Again

 

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Highlighted
Level 15

You want this?

L Code.JPG

Then follow more closely (you indicated you had a w - Get rid of the entry that made the W and do as they sayCapture.JPG


ex-AllStar
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Level 1

Many thanks!

Richard

 

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