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bfmurphy75
Level 2
June 3, 2019
Question

I am trying to download a form 8949 from Apex Clearing Corp and I am unable to complete the download

  • June 3, 2019
  • 5 replies
  • 45 views
No text available

5 replies

VolvoGirl
VolvoGirl
Level 15
June 3, 2019
You don't download 8949.  You fill it out as part of your tax return.  You should have a 1099B for investment sales.
B
bfmurphy75Author
Level 2
June 3, 2019
Thanks...I was hoping to not have to physically mail the 8949 after I e-file as it is 99 pages of trades and summaries.
SteamTrain
SteamTrain
Level 15
June 3, 2019
@bfmurphy75

TTX Online probably cannot handle that many trades:

Read this:
<a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/questions/1899287-how-many-stock-transactions-can-turbotax-online-handle">https://ttlc.intuit.com/questions/1899287-how-many-stock-transactions-can-turbotax-online-handle</a>

And this too, if there are still too many for the Desktop software.  IF you are going to be making thousands of trades, you may need to learn how to use the "summarization" procedure (Step 1 and Step 2 in the following):

<a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/questions/2963870-how-do-i-enter-more-than-500-stock-transactions-in-turbotax-online">https://ttlc.intuit.com/questions/2963870-how-do-i-enter-more-than-500-stock-transactions-in-turbotax-online</a>

___________________
In either case, you will need to review what downloads meticulously in any case...
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
B
bfmurphy75Author
Level 2
June 3, 2019
Thanks for the response....Steps 1 & 2 above are what I have done.
fanfare
fanfare
Level 15
June 3, 2019
The instructions are out of date for 2016 and the FAQ needs to be updated. If all your trades are covered transactions with no adjustments i.e. no wash sales (see consolidated 1099-B) then neither of those steps is necessary.
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