Investors & landlords

You can do a summary of long term and then short term combinations.  Make one entry for each (long term / short term). You can then send the worksheets or statement with Form 8949 after your return is accepted, attached to Form 8453.

To eliminate difficulty, make sure the date acquired reflects the correct holding period.  It's not important other than to have the correct holding period for the results to be calculated accurately for tax on your return.

• Long term is a holding period of more than one year and receives capital gain tax treatment (0%, 10%, 15%, 20% depending on your regular rate of tax)
• Short term is a holding period of one year or less and receives ordinary gain tax treatment (your regular rate)
  • Sale date can be the last date a sale occurred or 12/31/2020
  • Purchase date can be 'Various' 
    • ​​​​​When I walk through the steps, as you can see from the image below, you must select the check beside 'Something other than a date'.

If you are e-filing your tax return, then mail your statements along with Form 8453 to: 

Internal Revenue Service

Attn: Shipping and Receiving, 0254 

Receipt and Control Branch 

Austin, TX 73344-0254

If you need a blank Form 8453, you can download this pdf, enter your address information and check the box for Form 8949 (this form is really just a cover sheet).