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Get your taxes done using TurboTax
If I have hundreds or even thousands of transactions, how I complete form 8949? With my broker, I put a single summary line on 8949 (via TurboTax) then I mail in the 1099-B. Is it similar with cryptocurrency? Is it:
A) I print out an Excel spreadsheet with the columns matching what you see in the 8949/1099B, OR
B) I need to somehow generate many pages of 8949 listing all the transactions. If it's this one, then I imagine there must be a way to get TurboTax to do it.
>>>As for the transactions for less that a $1, if you had lot's of them, their combined amount could change your calculation, so it is better to report them as well. <<<
That is a good point. But what about transactions that net to exactly 0? Could those be omitted or better to include?