Hi Geoffrey,
I'm real interested in your answer here in regard to your Form 8949 and Schedule D filing strategy, as I have thousands of short-term (ST) trades this year.
So if I understand what you said in your reply to pw2013hdrg, with my single brokerage 1099B (yet to arrive, but Box A will be again checked), I can do the following:
1. Form 8949: Complete a single summary entry in Part I, Block 2, columns (d), (e), (g) and (h); Identify the brokerage firm instead of listing every single trade; Make sure net proceeds, costs basis, etc. match my 1099B.
2. Schedule D: Complete Part I, Block 1b, (d), (e), (g) (h), and 7 (ST cap gain in my case).
3. Mail in a copy of the 1099B transactions, Form 8949 and Form 8453.
4. Paper file my return instead of e-filing (since I did not follow the interview process for Form 8949 or Schedule D).
Do I have this right, Geoffrey? Thanks in advance.
