topic Re: form 8949 in Get your taxes done using TurboTax

form 8949

zionkim12 — Fri, 14 May 2021 02:12:03 GMT

I efiled, but turbo asked me to mail a form 8949 to IRS. Why do I need to send it?

Re: form 8949

ee-ea — Fri, 14 May 2021 02:53:02 GMT

See this info

https://ttlc.intuit.com/community/forms/help/do-i-need-to-fill-out-or-mail-in-form-8949/00/27232

Please give feedback. If this helps click “Thumb” or “Best Answer” if it’s a solution.

Re: form 8949

fanfare — Fri, 14 May 2021 03:04:36 GMT

At tax time, you have the option to summarize your transactions by Sales Category.

IRS requires details to be listed on a Form 8949,
or on your other forms (e.g. consolidated 1099-B) which have the same information and in the same manner as Form 8949.
Either way, if you choose to summarize, you have to mail the transaction details to the IRS within three business days of IRS accepting your e-Filed tax return.

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