Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

1099B worksheet

roniswindell
Level 3

The 1099B worksheet 2020 and 2021 is confusing. To enter a simple sale of land, one has to Quickzoom to the 1099B worksheet, and the first thing that is asked is the name of the broker, and if left blank since there was no broker, it calls the worksheet Untitled. Why can't there be entry straight to the Sch D for simple transactions not associated with a 1099?

0 Cheers
2 Comments 2
Just-Lisa-Now-
Level 15
Level 15

I agree, it shouldnt be called the 1099B worksheet, it should be called Capital Gain/Loss worksheet and at the top should be Description not Brokerage.

IRS doesn't get the 1099B worksheet, all that stuff at the top is just for our own use.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
ljr
Level 8

agreed - what they had in 2020 for a worksheet was much better for sales when not on a 1099-B. It would be nice if they had both in the 2022 program. The old "other" sale worksheet and then the 1099-B worksheet.