You do not have to enter every transaction. If you follow the instructions I posted above, you can delete your 1099-B import, and then enter the summary totals for each sales category. That would be 7 entries at most:
- Box A - Short term covered -short terms sales with cost basis reported to the IRS
- Box B - Short term noncovered - short terms sales with cost basis NOT reported to the IRS
- Box C - Short term not reported - short terms sales not reported to the IRS
- Box D - Long term covered - long term sales with cost basis reported to the IRS
- Box E - Long term noncovered - long terms sales with cost basis NOT reported to the IRS
- Box F - long term not reported - long terms sales not reported to the IRS
- Box X - Holding period and cost basis NOT reported to the IRS.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
