I have > 4000 capital asset sales, the online turbotax is telling me I need to remove some of them and replace them with a summary. Is that just attaching another 8949?

[mosleyrs]

not sure specifically how to do what it's asking me to do..."remove some of the non covered sales...They can be replaced by entering a summary and attaching a statement to [my] return..."

[Anonymous_]

Where in the program is it asking you to do that?

[mosleyrs]

it happens in the last validation step.

what i've done is removed all the itemized transactions from TurboTax, consolidated it down to a single Proceeds/Basis line item, then plan on sending in a separate 8949....does that sound right?

[Anonymous_]

Correct procedure. I am not certain why the program is requesting that, however.