HelenC12
Expert Alumni

Get your taxes done using TurboTax

Yes, you need to include Form 8949 Sales and Other Dispositions of Capital Assets with your tax return. 

 

See TurboTax FAQ Do I need to fill out or mail in Form 8949? If you're e-filing, you only need to mail copies of your 8949 along with Form 8453 if:

  • You entered a summary for one or more sales categories (instead of each individual sale); AND
  • The sales category for one or more summaries is something other than Box A (short-term covered) or Box D (long-term covered); or
  • The Box A and/or Box D summary includes adjustments (typically listed in boxes 1f or 1g on your broker statement).

TIPYour total capital gains for the year minus your total capital losses result in a net gain or a net loss.

  • You can deduct a net loss of up to $3,000 ($1,500 if married filing separately). Any capital loss you couldn't deduct this year can be carried forward and deducted on future tax returns as a capital loss carryover.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"