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PAGB
Level 4

PDF attachement for stocks

 

In the stocks section of TT, for the past few years I have always entered section totals after which TT asks me if I have a pdf file which to attach which I do. This is what it looked like. But this year I don't see this window after entering my section totals. I'm using TT premium online

pdf attach.pngBut this 

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Accepted Solutions
Mike9241
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

PDF attachement for stocks

To avoid having to send in the 1099-B or equivalent, the trades must be covered with no adjustments and entered so they appear on lines 1A and 8A on Schedule D. If you enter multiple trades as single line items on Form 8949, even if covered without adjustments, the IRS wants the details. You must enter code M to signify multiple transactions on a single line. TurboTax will generate Form 8453, which must be mailed with the 1099-B or equivalent.   

 

What if you don't send in the 8453/1099-B when you use the 8949 entry method?  Don't know. I suppose you might get a request from the IRS. However, that raises another question as to whether an incomplete return was submitted. 

 

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5 Replies

PDF attachement for stocks

It’s fine to enter the totals for coveted stock sales. But enter any non coveted sale individually and you won’t have to send an attachment. 

ThomasM125
Expert Alumni

PDF attachement for stocks

You will see that feature when you enter an investment sale in TurboTax as follows:

 

You enter investment sales in the Wages and Income section of TurboTax, then Investment Income, then Stocks, cryptocurrency, Mutual Funds, Bonds, etc... Skip the section where it asks if you want to upload your tax documents if you want to manually input your entries. Choose Stock, Bonds, Mutual Funds as the type of investment you want to enter. After you answer some questions, you will come to a screen that says Now, choose how to enter your sales. You can choose to enter them One by one or by Sales section totals.


 

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PAGB
Level 4

PDF attachement for stocks

Thank you very much for answering. Yes I've gotten that far and have entered sales section totals. After doing that TT would ask me to upload the pdf (the photo shows how TT has been doing this in past years). Now I am no longer given the option to upload the pdf.

 

 

 

PAGB
Level 4

PDF attachement for stocks

Thank you very for answering I understand but I need to upload this file

 

Mike9241
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

PDF attachement for stocks

To avoid having to send in the 1099-B or equivalent, the trades must be covered with no adjustments and entered so they appear on lines 1A and 8A on Schedule D. If you enter multiple trades as single line items on Form 8949, even if covered without adjustments, the IRS wants the details. You must enter code M to signify multiple transactions on a single line. TurboTax will generate Form 8453, which must be mailed with the 1099-B or equivalent.   

 

What if you don't send in the 8453/1099-B when you use the 8949 entry method?  Don't know. I suppose you might get a request from the IRS. However, that raises another question as to whether an incomplete return was submitted. 

 

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