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Level 2
posted Mar 10, 2024 5:33:42 PM

Turbotax says I need to mail 1099-B with form 8453 - but there is no Form 8453 shown

Hello:

 

Hoping someone can advise. Doing our taxes and we have one brokerage that isn't a Turbotax partner and so the financial info cannot be downlaoded (painful--this is the last year we'll have this brokerage). I didn't want to manually enter all the various sales as there are many dozens, so I chose the option to enter summary data. When I did that, Turbotax tells me that I'll need to mail in the documentation along with Form 8453 within 3 days of the return being accepted through Efile. Fine--kind of frustrating that you can't attach a file or something, but I can mail the info.

 

Here's the problem. Everything I see tells me that Turbotax will automatically generate the Form 8453 . . . but there isn't one when I check my forms. I've completed up through Federal Smart Check, so does that 8453 not generate til later (and if so, when does that happen)? Or does this mean that I don't really need to mail in afterall or maybe I do but there's a glitch in getting the Form 8453?

 

I see a Form 8949, but the 8453 was specifically mentioned in the message/instructions and elsewhere in Turbotax help and community posts. Any help would be appreciated!

0 2 2006
1 Best answer
Level 15
Mar 10, 2024 6:01:16 PM

TurboTax will generate Form 8453 when you go through the final filing steps and select e-filing. It waits until then because Form 8453 is not used if you file by mail. If you file by mail, you attach a copy of the 1099-B to your paper tax return, after all the IRS forms.


Whether you e-file or file by mail, send the IRS a copy of the 1099-B, not the original.

 

2 Replies
Level 15
Mar 10, 2024 6:01:16 PM

TurboTax will generate Form 8453 when you go through the final filing steps and select e-filing. It waits until then because Form 8453 is not used if you file by mail. If you file by mail, you attach a copy of the 1099-B to your paper tax return, after all the IRS forms.


Whether you e-file or file by mail, send the IRS a copy of the 1099-B, not the original.

 

Level 2
Mar 10, 2024 7:45:43 PM

Thank you for the quick & helpful response!