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Get your taxes done using TurboTax
This is not new tax law. With summary transaction totals a mailing of the form 1099-B or your spreadsheet and Form 8453 is a very common mailing requirement. Your brokerage statements should include a summary of your transactions, grouped by sales category, for example, Box A short-term covered or Box D long-term covered.
You can always use direct entry if you choose, with summary totals. The only exception if wash sales, which must be entered separately, if you have any.
- Where do I enter Form 1099-B? (Ignore import)
- How do I mail Form 8453? (review if alerted)
You can e-file, and mail the required forms no later than three days after acceptance of your return.
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