rich Posted April 8, 2011 Report Share Posted April 8, 2011 Client sold few stocks and 1099-B statementand line 4 shows taxes withheld. I cant find how to claim this on schedule D. I will appreciate help on this as i never seen this scenario. Thanks in advance. Quote Link to comment Share on other sites More sharing options...
Margaret CPA in OH Posted April 8, 2011 Report Share Posted April 8, 2011 If you click on line 61, page 2 of the 1040, Federal Income Tax Withheld, one of the fields, #9 Taxes withheld (1099-B)in ATX, is blue and you can input it there. Quote Link to comment Share on other sites More sharing options...
rich Posted April 8, 2011 Author Report Share Posted April 8, 2011 Thanks Margaret. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.