I had 1000 stock trades. would you please tell me which edition do I have to use to file Tax return? How do I get it? I have heard Online product's limit is 500 trades.

dswisdom1 — Tue, 04 Jun 2019 20:34:14 GMT

TurboTax Online can handle up to 500 individual transacti...

TomK — Tue, 04 Jun 2019 20:34:19 GMT

TurboTax Online can handle up to 500 individual transactions per brokerage account.

If you have more than 500 and your sales volume totals less than ten million dollars, you can either summarize your transactions on Form 8949 (instructions follow) or switch to the TurboTax CD/Download software which can handle around 2,000 individual transactions per brokerage.

Step 1 - Enter the summary data from your brokerage statements on Form 8949

The statements from your brokerage should include a summary of your account transactions for the year as well as the details for each individual transaction.

Open (continue) your return in TurboTax Online (if it's not already open) and search for stock sales in the upper right corner.
Click the "Jump to" link in the search results.
- If you land on the Here's the investment sales info we have so far screen, delete any transactions you already imported or manually entered. When finished, click Done.
- Then repeat steps 1 and 2 to get to the Step 3.
Answer Yes to both Did you sell any investments? and Did you get a 1099-B?
On the Let us enter your 1099-B (import) screen, click I'll type it in myself.
When you get to the Let's find out more about your sales screen:
1. Check which box(es) apply to your transactions (A, B, C, etc.)
2. Scroll down to the bottom and check the box I have many sales and would rather mail them in instead of typing them.
3. Click Continue.
On the following screen, enter the sum of the total proceeds and cost basis in the appropriate box(es).
When finished, click Continue.

On the Here's what we've got for these sales summary screen, edit or add more sales (if needed) until you've accounted for all your transactions. Make sure you haven't duplicated transactions or accounts before completing Step 2 below.

Step 2 - Mailing instructions for returns with Form 8949

topic I had 1000 stock trades. would you please tell me which edition do I have to use to file Tax return? How do I get it? I have heard Online product's limit is 500 trades. in Get your taxes done using TurboTax

I had 1000 stock trades. would you please tell me which edition do I have to use to file Tax return? How do I get it? I have heard Online product's limit is 500 trades.

TurboTax Online can handle up to 500 individual transacti...