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To enter individual capital gain or loss transactions, you will create a Form 1099-B in the program. The information entered on Form 1099-B will then transfer to the appropriate copy of Form 8949.

If you did not receive a Form 1099-B for a transaction, but the transaction still needs to be reported, you must enter this transaction information on a Form 1099-B in the TaxAct program. You will then be able to indicate that you did not receive a Form 1099-B for the transaction, and the appropriate information will transfer to Form 8949 and Schedule D.

To enter this information in the TaxAct program:

  1. From within your TaxAct return (Online or Desktop), click on the Federal tab. On smaller devices, click in the upper left-hand corner, then click Federal
  2. Click Investment Income to expand the menu.
  3. Click Gain or loss on the sale of investments to expand that menu.
  4. Click Capital gain or loss (Form 1099-B).
  5. Click Add to create a new copy of the form, or click Review to review a copy already created.

The program will proceed with the interview questions for you to enter or review the appropriate information. Entries will transfer to Form 8949 and Schedule D as necessary.


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