Thanks that is what I am trying to confirm...
Link you provided says -
The IRS will require a copy of your form 1099-B if you’re reporting your transactions by sales section totals instead of reporting each one separately, and one of the following is true:
- You made adjustments to your investment income
- Your cost basis isn’t reported to the IRS
So in my case I have consolidated 1099-B from Robinhood
I have 3 sections
*SHORT TERM TRANSACTIONS FOR COVERED TAX LOTS
*LONG TERM TRANSACTIONS FOR COVERED TAX LOTS
*SHORT TERM TRANSACTIONS [Ordinary gains or losses are identified in the Additional information column]
Report on Form 8949, Part I, with Box C checked.
For the 3rd section short term box C - i.e not reported to IRS Short term ------I have only 2 different stocks and only one trade for each so if I enter this details instead summary and first 2 (BOX A and BOX D) as summary will that avoid me mailing to IRS?
