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:
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.