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Get your taxes done using TurboTax
Due to your import experience I can make a suggestion that may work for you.
You can do a summary of long term and then short term combinations (long term holding is more than one year, short term holding is one year or less). Make one entry for each. You can then send the worksheets or statement with Form 8949 after your return is accepted, attached to Form 8453. The maximum for one sale cannot exceed $9,999,999, if this is not the case you can ignore this statement.
- Sale date can be the last date a sale occurred or 12/31/2020
- Purchase date can be 'Various'
If you are e-filing your tax return, then mail your statements along with Form 8453 to:
Internal Revenue Service
Attn: Shipping and Receiving, 0254
Receipt and Control Branch
Austin, TX 73344-0254
If you need a blank Form 8453, you can download this pdf, enter your address information and check the box for Form 8949 (this form is really just a cover sheet).
You can also try using this link to start a conversation about your import issue if you would like to start here. Contact us
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