mitchrkkb
New Member

1099-B

I have received 1099B for short & long term transactions for many years, but this is the first time Turbo Tax gave me a message that I needed to mail my 1099B statements to the IRS along with Form 8453. Why is this? I have not changed my filing process. I have losses of about $10,000 - is this the reason why? It appears Turbo Tax stated "see attached statement" instead of filling out Form 8949 for every transaction. Is this because I summarized the transactions for each fund that was sold

 

The form states the basis was reported to the IRA.