This is "operator error" not "TurboTax" error.
When you use the "Stocks, Mutual Funds, Bonds, Other" interview and tell TurboTax that you've received a 1099-B, the first question TurboTax asks is if you will enter "one sale at a time" or if you will enter "a summary for each sales category." This is unchanged from last year's interview.
If you select "one sale at a time" then you enter each and ever sale you've made over the year, TurboTax places each and every sale on the appropriate Form(s) 8949 covering sales categories "A", "B" "D" and "E", and that information is e-filed as part of your income tax return.
If you select "a summary for each sales category" - and this would be appropriate where you maybe have thousands of trades and your broker has provided either the Form(s) 8949 or suitable substitutes - then you simply enter summary information - basically ALL proceeds and ALL cost bases - for each sale category "A", "B" "D" and "E" and then you mail in the required Form 8949 information which contains the detail.
This, too, is unchanged from last year's interview.
You obviously selected the option to report "a summary for each sales category".
Tom Young
