US Tax Tools

Form 1099-B field reference

Form 1099-B Box 1a: Description of property

Form 8949 destination

Column (a) — Description of property

Reconcile this field with the rest of the transaction before calculating gain or loss. A Form 1099-B label does not override the official basis, holding-period, or adjustment rules.

Box 1a

Description of property

Open Form 8949 worksheet →

Before filing

What to check

  • Match the security or asset to your trade records.
  • Do not combine transactions that belong in different Form 8949 categories.
  • Keep any supplemental statement that expands an abbreviated description.

Continue the capital-gains filing flow

Sources