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Index

Detail View of Statement Explaining Form 8949 Differences and Adjustments

 
Click on a section of the Statement for more details:
 
Detail View of Statement Explaining Form 8949 Differences and Adjustments
 
Details:
1

Taxpayer Name

1. Taxpayer Name
The Taxpayer name is populated from the registered name in TradeLog. To modify this, go to the Report Setup controls.
2

SSN / EIN

2. SSN / EIN
The Social Security Number (or Employer Identification Number for entities) is populated if (1) a number has been entered in the Report Setup controls and (2) the user has selected the checkbox to Show SSN / EIN On Report in the Form 8949 report menu.
3

Stocks and Options Checkbox

3. Stocks and Options Checkbox
TradeLog automatically checks this box if you trade both stocks and options for the same underlying security in taxable accounts.
4

Multiple Taxable Accounts Checkbox

4. Multiple Taxable Accounts Checkbox
TradeLog automatically checks this box if you have more than one account in your file marked as Regular Cash Basis (Taxable) type.
5

Non-Taxable IRA(s) Checkbox

5. Non-Taxable IRA(s) Checkbox
TradeLog automatically checks this box if you have one or more IRA accounts in your TradeLog file and there are IRA wash sale deferral adjustments that occured in the tax year.
6

Erroneous 1099-B Reporting of Wash Sales on Short Sales Checkbox

6. Erroneous 1099-B Reporting of Wash Sales on Short Sales Checkbox
TradeLog automatically detects if this situation applies based on known variables for the tax year. Specifically: (1) if you have short sales of stock in the tax year AND (2) the short sales occured in an account assigned to a broker which is known to adjust wash sales in this method. See our online listing of known 1099-B reporting problems for specific details.
7

Different Reporting Rules for Short Sales Checkbox

7. Different Reporting Rules for Short Sales Checkbox
TradeLog will automatically check this box if there are short sales on stock in one or more of your taxable accounts.
8

Other Errors in 1099-B Reporting Checkbox

8. Other Errors in 1099-B Reporting Checkbox
TradeLog will check this box if you have indicated this situation in the checkbox found on the Form 8949 report menu. See the topic: Checkbox for Other Errors on 1099-B to learn more about using this.