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Get your taxes done using TurboTax
Perhaps. You can group transactions together, however the summary may need to be divided into two categories if applicable. You indicated all of your stock was held short term. If this is the case you are allowed to enter one summary.
- Long term: held more than one year (one year plus one day)
- Short term: held one year or less
Yes, that is correct. If all Forms 1099-B (or all substitute statements) you received show basis was reported to the IRS and no correction or adjustment is needed, you may not need to file Form 8949.
Not necessarily if you didn't make any adjustments to proceeds or cost basis as it is reported on your Form 1099-B.
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‎February 22, 2022
1:16 PM
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