No, regarding the 1099-B received from the first broker, you can still report those transactions in summary rather than separately on Form 8949. In fact, all of the transactions from either broker can be reported in summary provided the following requirements are satisfied:
- You received a Form 1099-B (or substitute statement) that shows basis was reported to the IRS and doesn't show any adjustments in box 1f or 1g;
- The Ordinary box in box 2 isn’t checked;
- You don't need to make any adjustments to the basis or type of gain (or loss) reported on Form 1099-B (or substitute statement), or to your gain (or loss); and
- You aren’t electing to defer income due to an investment in a QOF and aren’t terminating deferral from an investment in a QOF (Qualified Opportunity Fund).
Based on your post, it appears that the only transaction you need to report on Form 8949 is the long-term transaction from the second broker. Thus, the short-term transaction from the second broker can also be reported in summary on Schedule D because basis was reported to the IRS. However, if you prefer, you can include this short-term transaction on Form 8949, with box A checked showing that basis was reported to the IRS.
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