Investors & landlords

To eliminate the income on the PA tax return, you will have to answer the question for each transaction.

There is a choice to enter two summarized transactions on the federal return, one for long term sales and one for short term sales. A statement can be mailed with Form 8453 equivalent to the Form 8949.

You do not really need to mail Form 8949, but you do need to mail your

1. supporting statements, such as your brokerage statements (Form 1099B) and
2. Form 8453.

See the image of the PA screen entry attached.