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New Member
posted Mar 1, 2024 6:44:42 AM

Form 8453 and 8949

I've read this help doc but my question is why didn't turbox tax give me all the forms I needed to print ? it only gave me 8453 and then I gotta go find the other forms it specifies myself ?? Why can't it just combine them so I don't have to go look them up ?? https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/need-mail-form-8453-u-individual-income-tax-irs-e/L5gK5lbax_US_en_US?uid=lgf6cnmzv

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2 Replies
New Member
Mar 2, 2024 12:09:09 PM

BUMP ^^

Level 15
Mar 2, 2024 6:45:11 PM

Turbotax is misleading if it implies you can get the forms to be mailed out of your tax return PDF file.
Other than Form 8453 ( a cover sheet), that's not the case,

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IRS requires details of your SELL transactions to be supplied on some Form 8949 ,
or on your other forms (e.g. consolidated 1099-B or spreadsheet) which have the same information and in the same manner as Form 8949.

Unless you are excused by the reporting exception (below), if you choose to summarize some or all transactions, you have to a) include the details with your mailed tax return, or b) mail the transaction details to the IRS within three business days of IRS accepting your e-Filed tax return. (unless you have attached a PDF of the transactions details to your e-Filed return. TurboTax Online will ask for it).

Detail Reporting Exception

: if you summarize Category A or Category D, Form 8949 is not needed for transactions without adjustments. No mailing is necessary.

@tb582 
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