It depends. You can try summarizing the transactions, which means you can efile but you would need to send in broker statements along with a transmittal form 8453, which is automatically generated.
According to this Turbo Tax link, here is how to enter summary transactions.
-
Go to Income.
-
Select I'll choose what I work on.
-
Go down to Investment Income.
-
Click Start or Update by Stocks, Mutual Funds, Bonds, Other.
-
Select the broker and choose I'll type it in myself.
-
On the Tell us about...screen, select I'll enter a summary for each sales category.
-
You won't have to put the dates of each sale.
-
Once Done, you will be given instructions regarding the 8453 which is automatically generated in your return.
-
You will be able to electronically file but will need to send in a broker statement along with the 8453 to:
Internal Revenue Service
Attn: Shipping and Receiving 0254
Receipt and Control Branch
Austin, TX 73344-0254
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
