- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
in Turbotax there is a section on the 1099-B for Type A (short-term proceeds and cost reported to IRS no adjustments and D - same as A but for long-term
thus one line for each of these types is needed (these entries flow directly to schedule D and not form 8949)and detail of these trades do not have to be submitted to the IRS. only types A snd D with adjustments or other types need to be detailed or summarized and then detail sent to IRS.
.
Turbotax at least allows import in some cases. Pro software usually doesn't and it's not uncommon to have to mail in multipage 1099-Bs to the IRS.
.
‎April 9, 2022
1:43 PM