KrisD15
Expert Alumni

Get your taxes done using TurboTax

Was this uploaded? 

 

You COULD delete the upload and enter a summary. 

 

If you are able to get a summary, or summarize them yourself, you can enter as "Stocks Bonds, Mutual Funds" 

(Long Term ((MORE THAN ONE YEAR)) Short Term ((ONE YEAR OR LESS))  Gain/Loss) (Date of Purchase- various)

 

If you are e-filing, paper-mail Form 8453 with the statement or 1099-B  you have showing the transactions, within 3 days of an acknowledgement of the acceptance of your e-filed Federal Return. Check the box on Form 8453 for Form 8949 (the last option)

 

Mail Form 8453 to:

 

Internal Revenue Service

Attn: Shipping and Receiving, 0254

Receipt and Control Branch

Austin, TX 73344-0254 

 

(If you are mailing in a paper 1040, include the statement only with the paper return)

IF THIS IS CRYPTO be sure to separate any earned income (Mining, Air Drops) from trades. Enter any "Earned Income from mining " on your Schedule C, Air Drops or "Staking rewards" as "Other Income". 

 

TurboTax (Online) does have a separate section for reporting Virtual Currency trades, but that is just a convenience for the customer. It all goes to Capital Gains/Loss.

 

 

Personal 

Personal Income 

I'll choose what I work on

Scroll down to "Investment Income"

"Stocks, Mutual Funds, Bonds, Other" START

Did you get 1099-B?"   NO   

Select "I'll enter a summary for each sales category" 

If you have both Short Term and Long Term, you will need to enter each on a separate screen. 

 

Form 8453

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"