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Complicated tax case with stock market. More than 10.000 transactions, "total sales" more then $10.000.000, a lot of wash sales, RSUs+ESPP sold, dividends. Is TT still able handle such a case?
Hello!I have a complicated tax case connected to stock market(E*Trade broker).
1) I have a lot of transactions last year(2020) - more then 10.000 (ten thousands).All of them - "short term".
2) I have total sales more then $10.000.000(ten million)
3) I have a lot of wash sales transactions (more then thousand)
4) Among all transactions there are ESPP and RSU sale transactions that require cost basis adjustment.
5) I've got dividends (~$5000)
I know that TurboTax has limitations for imported transaction from each broker (max 2500),
limitation on "total sales sum" (max $10.000.000).For all adjusted transactions(wash sales+ESPP+RSU) I should have details in form 8949 (it should have hundreds of pages - so it's not impossible to send IRS printed form) .
Taking into account all above, what the best approach you can suggest to proper file my taxes in TurboTax?
I'm ready to pay some extra money to ease for myself the process of filing.(for example for some auxiliary specialized software)