What is the form used for?
Use Form 8949 to reconcile amounts that were reported to you and the IRS on Form 1099-B or 1099-S (or substitute statement) with the amounts you report on your return. The subtotals from this form will then be carried over to Schedule D (Form 1040), where gain or loss will be calculated in aggregate.
Is the form Supported in our program? Yes
How to access the form: To access the form, you will need to open a return in either the Online or Desktop versions of the UltimateTax software and add the form via the Add Forms function. This form is available in all packages.
Limits to the form: This form may be copied as needed.
Solution Articles:
Sch D (1040) - Capital Gains and Losses
Using Capital Gains Worksheet with 8949 and Sch D.
IRS Link: https://www.irs.gov/forms-pubs/about-form-8949
