Hi fanfare,
I appreciate your answer yesterday to my question about Form 8949, and had some follow-up questions that just came to light after I loaded TurboTax Premier.
I've used TurboTax for over 15 years. This year, as I practiced entering data, the program does not appear to handle 12 digits.
Last year, I made over 5,000 stock trades and had many wash sales. My gross proceeds is over 11 digits (i.e., over $999,999,999.00). (I wish I could say I was super profitable, but unfortunately, while my trade amounts were high, my profits were not.)
My questions:
--Is there a work-around in TurboTax that will allow me to summarize my trades on Form 8949 in order to handle 12 digits?
--Could I manually pull down a blank copy of Form 8949 and enter my summary trades in 12-digits, thereby skipping the interview and input process?
--If I manually complete Form 8949, I am expecting to manually complete Schedule D as well. Right?
--Would I still be able to e-file if I manually complete Form 8949 instead of using the interview process?
--Finally, does Intuit have any other tax software that would handle 12 digits?
Appreciate your time,
...terry
