TaxSlayer: Entering Capital Gains (Schedule D/Form 8949)

To start, click on "BEGIN" beside "Schedule D/Form 8949".
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Then, click on "BEGIN" beside the type of capital gains you need to include. The most common will be the first option.
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Enter the Description of Property or Payer Name if using capital gain summaries for long term/short term.
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Enter the date purchased. If you are using a summary and the date is not available, click "Alternate Option".
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Enter the date sold. If using a summary, put the last date of the tax year. (Ex: 12/31/2024)
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Enter the sales price found on the 1099-B.
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Select "Cost Basis Type". Whether it was or was not reported to the IRS.
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Enter the cost basis found on the 1099B.
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If there is a "Wash" found on the 1099B, you will enter that amount here and select the explanation.
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Click on "Continue".
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As the last step, confirm the amounts match what was found on the 1099B and that the total gain/loss is accurate. Then click "Continue".
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