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Level 2
posted Mar 9, 2022 8:06:13 AM

Import 1099-B Summary Only

I realize that I can manually enter a 1099-B summary, or I can import a 1099B with all the detailed transactions.

 

Is there a way to import a 1099-B with only the summary data?

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1 Best answer
Expert Alumni
Mar 9, 2022 8:22:31 AM

No, there isn't a way to import just the summary data. If you decide to do a "summary" of your 1099-B forms, TurboTax will generate Form 8453. You'll need to print and mail Form 8453 to the IRS within 3 business days once your federal return has been accepted

 

Mail Form 8453, with your attachments to: 

 

Internal Revenue Service

Attn: Shipping and Receiving, 0254

Receipt and Control Branch

Austin, TX 73344-0254 

 

Related information:

2 Replies
Expert Alumni
Mar 9, 2022 8:22:31 AM

No, there isn't a way to import just the summary data. If you decide to do a "summary" of your 1099-B forms, TurboTax will generate Form 8453. You'll need to print and mail Form 8453 to the IRS within 3 business days once your federal return has been accepted

 

Mail Form 8453, with your attachments to: 

 

Internal Revenue Service

Attn: Shipping and Receiving, 0254

Receipt and Control Branch

Austin, TX 73344-0254 

 

Related information:

Level 2
Mar 9, 2022 10:02:05 AM

Ahh, ok then, though unfortunate.

 

Regardless,  thanks for the ultra quick reply.  It is much appreciated.