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I have ~150,000 stock transactions to report this year - would the IRS accept a CD or thumb drive vice the paper printout of my 1099-B stock transactions?
As a daytrader, I have hundreds of thousands of transactions this year to report on my Schedule D/Form 8949. I plan to report the summary data on Form 8949, and attach the 1099B from my broker to show the individual stock sales. However, this is thousands of pages long. Could I just send an electronic copy to the IRS? Perhaps via a thumb drive or CD? Printing thousands of pages is so cumbersome not to mention wasteful.
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‎September 25, 2020
6:49 PM