DianeW777
Expert Alumni

Get your taxes done using TurboTax

It does create some confusion.  And you are correct, the IRS will want to see the detail on the summarized transactions.  Definitely include the summary transaction detail as well.  When everything is imported, you can check to see if your Form 8949, for the imported transactions, actually shows all the detail.  As you can imagine the number of transactions for this type of income can become extremely detailed and with a high volume.

 

Either way, it's a good idea for the IRS to have the documentation and should help to eliminate questions later. 

 

If you are e-filing your tax return, then mail your statements along with Form 8453 to the following address within three days after the IRS accepts your tax return: 

 

Internal Revenue Service

Attn: Shipping and Receiving, 0254 

Receipt and Control Branch 

Austin, TX 73344-0254

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