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Investors & landlords
the document from your financial institution is a detail report, not a summary.
The consolidated 1099 from U.S. broker is also a detail report.
TurboTax allows aggregation of sales by Box Category (referred to as "summary").
"uploading documentation of the sales summary is required by IRS. "
THere is considerable confusion on this topic brought about by misleading help text in the TurboTax program.
Without a 1099-B your sales are listed with Box C or F marked on Form 8949
sales details are what is required by the IRS.
If you e-File the Form 8949 showing individual transactions in detail, no mailing is necessary
May 4, 2024
8:50 AM