Does Composite 1099 require form 8949?

Yes, if you receive a Composite 1099 that includes capital gains or losses, you typically need to report those on Form 8949. This form is used to detail the sale of capital assets, and you'll transfer the totals to Schedule D of your tax return. However, if your Composite 1099 only includes non-capital income, such as interest or dividends, Form 8949 will not be required. Always consult a tax professional for specific guidance based on your situation.