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bypass8949
I am using the 2023 desktop version of TurboTax Deluxe. I have reported both short-term capital gains (with wash sale adjustments for some but not all of my transactions) and long-term capital gains (with no adjustments) using the summary method. (I will file Form 8949 with the IRS separately after e-filing.) Both the short- and long-term entries show up on Schedule D and on the Capital Asset Sale Worksheet (#1) . But only the summary of the short-term sales show up on the TT Form 8949 - presumably because of the wash sales. (On the worksheet, on the line for the long-term gains, there's an entry that reads "BYPASS8949.")
It's not clear to me why TT is producing a Form 8949 at all, given that I am using the summary method of reporting. But if it is going to send the IRS a Form 8949, why doesn't it include both the short- and long-term gains?
I just realized that TT did the same thing in 2020 when I had the same situation with short-term gains with adjustments and long-term gains without.
Thanks.