KrisD15
Expert Alumni

Deductions & credits

Yes, you can choose "NO" to receiving a 1099-B in Desktop, for Online enter the name of the bank only and continue.

Enter the summary and Form 8949 will be generated.

 

You will also have Form 8453 generated for you to mail separately with the supporting documentation to the IRS. 

 

For DESKTOP:

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" 

 

For ONLINE:

Income and Expenses

Investments and Savings

Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B)

Continue, Select Enter a different way

Select Stocks, Bonds, Mutual Funds

Enter "Foreign Bank" for name of Brokerage and Continue

Continue through the interview and choose    Yes (4+)

If you are able to select they are the same category and that you purchased them, you can choose to enter "Sale section totals"

 

 

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 


 

 


 

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