Form 8949 column g
Most Form 8949 transactions won’t need an amount in column (g). For a complete list of column (f) and (g) requirements, refer to “How To Complete Form 8949, Columns (f) and (g)” on Form 8949 instructions.
For
B&D
or Broker
screen amounts, column (g) adjustments generally come from amounts you enter in the Adj to G/L
field. In certain cases, depending on the column (f) code, the column (g) amount may be 0, even if you enter an amount in the Adj to G/L
field.Reason for adjustment | Data entry |
|---|---|
1099-B Box 1f has an amount | Enter the 1f amount in the Adj to G/L field. Enter D in the Adj Code field. |
1099-B Box 1g has an amount | Enter the 1g amount in the Adj to G/L field. Enter W in the Adj Code field. |
1099-B Box 1e is incorrect |
|
1099-B Box 1e is blank |
|
1099-B Box 7 is checked | Enter the adjustment amount in the Adj to G/L field. Enter L in the Adj code field. |
All other adjustments | Refer to the column(f) table preceding for the column (f) code you want. Generally, you'll enter a code in the Adj Code field and enter the adjustment amount in the Adj to G/L field. |
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