1099B

[kemo1a]

Question on inputing 1099B by hand on turbo tax.   I manually entered all of the 1099B.   Also, Do to a reorg fee that I was charged on one of the stocks I had to correct the amount by reducing it.   After I get through the prompts I receive this message.  

How do you plan on submitting your 1099‑B to the IRS?

You'll need to mail a paper copy to the IRS.

My question is what prompted me to have to mail a copy in?  If I find it through turbo tax to imput it will I not have to mail anything out?   Or if I don't put in the 38 fee will I not have to mail anything out.   Not worth the couple of dollars in tax savings if I have to wait for the irs to receive a copy in the mail.  Thanks

[DawnC]

You can still e-file your return, you just have to mail the 1099-B to the IRS after you e-file it.    When do I need to send in my 1099-B?

If you're e-filing, you only need to mail the IRS a copy of your 8949 (along with Form 8453) if you entered sales section totals for one or more sales categories (instead of each individual sale) and one of the following is true:

• The sales category for one or more summaries is something other than box A (short-term covered) or box D (long-term covered), or
• The box A or box D summary includes adjustments (typically listed in boxes 1f or 1g on your broker statement)

Mailing in transactions (1099-B)