After you file

“Refer to the IRS Instructions for Form 8949 and Instructions for Schedule D.”

 

- MY RESPONSE: It doesn’t seem practical to send +1,000-page brokerages’ 1099 packages to the IRS, not to mention with so many young people jumping on the investing bandwagon. I seriously doubt the IRS would ever have the manpower, resources, and time to go through them, all piled up in their building.