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?
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..."
03943
3 Replies
Anonymous_
Level 15
Oct 12, 2023 6:48:06 AM
Where in the program is it asking you to do that?
mosleyrs
New Member
Oct 12, 2023 6:53:20 AM
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_
Level 15
Oct 12, 2023 6:55:04 AM
Correct procedure. I am not certain why the program is requesting that, however.