Is reporting only summary information allowed? does turbo tax not have form 8949 or is there something I need to do differently?
Form 8949, Sales and Other Dispositions of Capital Assets records the details of your capital asset sales or exchanges. Part I of the 8949 shows short-term sales (assets held less than one year) and Part II shows long-term sales (assets held over a year).
When you enter capital asset sales or exchanges in TurboTax, we'll automatically generate Form 8949 and transfer the info to Schedule D.
I did not enter anything, turbo tax imported directly from my brokerage 1099. Does turbo tax import the detail or is that something I need to enter, and if so, how do I do so? There are 10 short term transactions with 3 different securities, and there are 15 long term transactions, all sales of only one security.
I did not enter anything, turbo tax imported directly from my brokerage 1099. Does turbo tax import the detail or is that something I need to enter, and if so, how do I do so? There are 10 short term transactions with 3 different securities, and there are 15 long term transactions, all sales of only one security.
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