DawnC
Expert Alumni

Get your taxes done using TurboTax

You can edit the transactions to leave the wash sale adjustment boxes blank if they are 49 cents or less.   You can opt to delete your imported information and enter a summary instead.  If you opt for the summary reporting, this would require you to mail a copy (not the original) of your Form 1099-B from your brokerage to the IRS within three days of filing your return.  Form 1099-B would be attached to Form 8453, which will print with your return.   So although your return still gets e-filed, Form 8453 still needs to be mailed to the IRS.  Someone mentioned not having to mail anything if using a summary, but mailing Form 8453 with either the 1099-B or Form 8949 is still required.  

 

How to enter a summary in lieu of individual transactions

 

If you're required to mail in forms 8949 and 8453, do so within 3 days after the IRS has accepted your e-file. Here's the mailing address:

Internal Revenue Service
Attn: Shipping and Receiving, 0254
Receipt and Control Branch
Austin, TX 73344-0254

In lieu of Form 8949, you can substitute copies of your year-end broker statements that show the individual transactions. You don't need to include unadjusted Box A or Box D transactions.

@lilbeast3122  @RegretsInvesting13   @RudyG1  

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