Thank you for the quick response. Summarizing would be fine, but I've I've understood what the software is saying, if I don't break it out for each sale, I'd have to physically mail in an itemized 8453 form anyway (see below). If I don't summarize, it asks for item that are unclear like Accrued Market discount and Wash Sale Loss Disallowed (no idea what those are).
I guess if I don't want to mail something in, I have to itemize each sale?
Using the summary option, it comes up with:
To finish reporting these sales, follow the mailing instructions.
Mailing Instructions
Take a moment to double-check that your statements are complete. For each sale listed, there should be:
- A Description
- Date Acquired
- Date Sold
- Sales Price
- Cost Basis
- Gain or loss for each sale
- A sale category based on how the sale was reported to you and the IRS
In some uncommon cases, there will be an adjustment code and adjustment amount.
NOTE: Any sales summaries that include only Box A or Box D sales, and which have no adjustments to gain/loss, do not need to be included on a statement mailed to the IRS.
Here's how to mail your statements:
If you are e-filing your tax return, then mail your statements along with Form 8453 to:
Internal Revenue Service....etc.
If I don't summarize, it asked for:
date acquired (not sure other than many years ago)
Accrued market discount
Wash Sale loss disallowed
Proceeds from collectibles - I'm assuming no, but I don't know what bearing that has.
Fed/State tax withheld - that would just be zero.
