That is good to know regarding 0 transactions.
What I still don't understand is the exact specifications for reporting the transactions (e.g. printout an Excel spreadsheet? What columns?). I know you can use "Form 8949" and itemize them all, but that is impractical if you had thousands of transactions. With stocks, the Form 8949 actually says that you can summarize a 1099-B and separately mail that in, but doesn't specifically mention other types of property.
I was looking at the "Form 8949 Instructions" and saw "Exceptions to reporting each transaction on a separate row". "Exception 2" may apply here. It says you can "report them on an attached statement containing all the same information as Parts I and II and n a similar format (that is, description of property, dates of acquisition and disposition, proceeds, basis, adjustment and code(s), and gain or (loss)). Use as many attached statements as you need."
QUESTION 1
Are there examples of what these "attached statements" might look like when done in Excel? It's easy to duplicate the 8 columns from Form 8949, but is there a per-page header that needs to be visible, for example?
QUESTION 2
Is TurboTax capable of generating these "attached statements" if I upload the gains/loss information?
Does TurboTax allow me to upload transactions formatted in the Form 8949 manner (where basis + sale are on the same line) or does TurboTax only work with original transactions (one line per buy or sell)?
