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Capital Gains

Form 1099-B data entry

To enter information from Form 1099-B, Proceeds From Broker and Barter Exchange Transactions information, you can either:
  • Use Source Data Entry.
  • Use the following table to find where to enter the information.
Form field
Folder > Screen
Field
Statement column
Applicable checkbox on Form 8949
Income > B&D
Schedule for detail
8949 Box
Box 1a - Description of property
Income > B&D
Schedule for detail
Desc
Box 1b - Date acquired
Income > B&D
Schedule for detail
Date Acq'd
Box 1c - Date sold or disposed
Income > B&D
Schedule for detail
Date Sold
Box 1d - Proceeds
Income > B&D
Schedule for detail
Sales Price
Box 1e - Cost or other basis
Income > B&D
Schedule for detail
Cost/Basis
Box 1f - Accrued market discount
Income > B&D
Schedule for detail
Adj to G/L, Adj Code = D
Box 1g - Wash sale loss disallowed
Income > B&D
Schedule for detail
Adj to G/L, Adj Code = W
Box 2 - Type of gain or loss
Income > B&D
Schedule for detail
1099B Box 2
Box 3 - If checked, proceeds from: Collectibles or QOF
Income > B&D
Schedule for detail
Collectibles: Type = C, QOF: Adj Code = Y
Box 4 - Federal Income tax withheld
Income > B&D
Schedule for detail
Fed W/H
Box 5 - If checked, noncovered security
Income > B&D
Schedule for detail
8949 Box = 2
Box 7 - If checked, loss is not allowed based on amount in 1d
Income > B&D
Schedule for detail
Adj to G/L, Adj Code = L
Box 11 - Aggregate profit or (loss) on contracts
Income > 6781
Section 1256 contracts marked to market
Loss/Gain Entire Yr
Box 12 - If checked, basis reported to IRS
Income > B&D
Schedule for detail
8949 Box = 1
Box 13 - Bartering
Income > Income
Other income
Amount
Box 13 - Bartering
Business > C
Other income
Amount
Box 13 - Bartering
Rent & Royalty > Rent
Rent and royalties
Amount
Box 13 - Bartering
Farm > F
Farm income
Amount, Sales Code = 5
Box 13 - Bartering
Farm Rental > 4835
Income from production
Amount
Box 14 - State name
Income > B&D
Schedule for detail
State
Box 16 - State tax withheld
Income > B&D
Schedule for detail
State W/H

This article applies to:

  • PRODUCT: UltraTax CS
  • Return type: 1040 Individual

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