Thanks, but this answer is a day late and a dollar short. TurboTax doesn’t bother to notify the user of the 8453/8949 requirement until AFTER the user has e-filed their taxes. By then, it’s too late. TurboTax Premier is supposed to handle investment activity competently. However, instead of explaining the consequences of entering summary totals in Schedule D, it just let’s you do it and doesn’t bother to tell you that, if you do, you will have to mail paper documents to the IRS. That is a sick joke and defeats the entire purpose of e-filing. This is a Design 101 sh&*storm which should have been caught by a first-year developer. TurboTax should compensate everyone adversely affected by reimbursing users for the time, expense and unnecessary aggravation of e-filing our tax returns only to be told after-the-fact that, oops, now you have to mail in a bunch of paper documents — which could have been avoided with a half-decent explanation in the Schedule D data-entry section. TURBOTAX SHOULD BE EMBARRASSED AND ASHAMED BY THIS RIDICULOUS, BASIC OVERSIGHT ON THE PART OF THEIR PROGRAMMERS!!!!! TurboTax owes a huge apology to every user who was adversely affected by their shoddy “interview” process for Schedule D — and needs to fire the development team responsible for it!
