Turbo Tax 2022 does not generate form 8949 for individually entered stock sales

[gfullmer]

I am having the same problem.  TurboTax downloaded all the stock transactions from Quicken  account and I can see them (more than 200 transactions) in TurboTax, however, TurboTax only listing 3 on the 8949 form when I print it out to file.  I am not filing electronically but by mail.  If the IRS sees only 3 and I am reporting a lot more gain/loss, don't you think they will audit me?

Thanks,

Glen

[MonikaK1 · Accepted solution]

If all Forms 1099-B (or all substitute statements) you received show basis was reported to the IRS and no correction or adjustment is needed, you may not need to file Form 8949. Please see here for the IRS instructions for Form 8949.

Individuals use Form 8949 to report the following:

• The sale or exchange of a capital asset not reported on another form or schedule.
• Gains from involuntary conversions (other than from casualty or theft) of capital assets not used in your trade or business.
• Nonbusiness bad debts.
• Worthlessness of a security.
• The election to defer capital gain invested in a qualified opportunity fund (QOF).
• The disposition of interests in QOFs.

If the rest of your sale transactions, not shown on Form 8949, are correctly reported on Schedule D, then you should not have an issue with the IRS. Be sure to keep your supporting data in case you ever receive an inquiry from a tax agency.