Form 1099-B TXF Reference Numbers

Reference Numbers

To indicate which part of Form 8949 a broker transaction should be reported on, the reference numbers shown in the table below apply.

Holding Period Part I with Box A checked Part I with Box B checked Part I with Box C checked
Short-term 321 711 712
Holding Period Part II with Box D checked Part II with Box E checked Part II with Box F checked
Long-term 323 713 714

If you cannot determine whether the gain/loss is short-term or long-term, you may use reference number 673. See Example 2B below.

Disallowed loss due to wash sale rules

Starting in 2011, Form 1099-B included the reporting of disallowed losses from wash sales. Record format 5 is used to report transactions with such disallowed losses.

For transactions with no disallowed loss, you may use record format 4 or use record format 5 and leave the disallowed loss field empty.

Old Reference Number 682

Prior to 2011, reference number 682 was used for transactions for which the entire loss was disallowed due to the wash sale rules. Some programs may still allow this reference number. See example 2C below.

Example 1: Short term sale. No disallowed loss from wash sale to report. Record format 5. To be reported on Copy A of Form 8949.
TD
N321
C1
L1
P200 Reebok
D01/05/2011
D10/01/2011
$1000.00
$2000.00
$
^
Example 2A: Record format 4. Reported on Form 8949 Copy A.
V042
AMy Software
D10/27/2011
^
TD
N321
C1
L1
P200 Reebok
D01/05/2011
D10/01/2011
$1000.00
$2000.00
^
TD
N323
C1
L1
P400 WalMart
D08/05/2010
D09/05/2011
$4000.00
$1200.00
^
Example 2B: No date acquired and cost basis information is available Schedule D, Capital Gains or Loss

When you do not have the date acquired and cost basis information. Use record format 4 or 5, but leave the line blank.

If you are not sure whether the gain/loss is short-term or long-term, then use reference number 673. Reference number 673 will be reported on Form 8949 Part I with box checked, unless the user edits the transaction data inside the tax program.

TD
N673
C1
L1
P200 Reebok
D
D1/1/2004
$
$2000.00
^
Example 2C: Transaction where entire loss is disallowed. Reported on Form 8949 Part I with box A checked.

Use of reference number 682 is deprecated. Explicitly showing the wash sale adjustment amount is preferred.

TD
N682
C1
L1
P50 QCOM
D01/02/2011
D01/15/2011
$1500
$1300
^
Example 2D: Short term sale with a disallowed loss from wash sale. Using Format 5. Reported on Form 8949 Part I with box A checked.
TD
N321
C1
L1
P50 QCOM
D01/02/2011
D01/15/2011
$1500
$1300
$200
^
Example 2E: Short-term and you provide cost basis to customer. But you do NOT report basis to IRS. Reported on Form 8949 Part I with box B checked.
TD
N711
C1
L1
P100 QCOM
D01/02/2011
D01/15/2011
$1700
$2000
$
^
Example 2F: Long-term and you provide cost basis to customer. But do NOT report basis to IRS. Reported on Form 8949 Part II with box E checked.
TD
N713
C1
L1
P100 QCOM
D01/02/2010
D01/15/2011
$1700
$2000
$
^
Example 2G: Long-term with a disallowed wash amount. Provided cost basis but didn't report to IRS. Reported on Form 8949 Part II with box E checked.
TD
N713
C1
L1
P50 QCOM
D01/02/2010
D01/15/2011
$1500
$1300
$200
^
Example 2H: Long-term holding period. No 1099-B issued. Reported on Form 8949 Part II with box F checked.
TD
N714
C1
L1
P50 QCOM
D01/02/2010
D01/15/2011
$1500
$1300
$200
^

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