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posted May 15, 2025 8:42:54 PM

Does Turbo Tax have a quantity limit on the number of buy/sell transactions for stocks, ETF and options that can be input into Turbo Tax? Does TT provide Form 8949?

Also can Turbo Tax identify wash sale transactions?

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1 Replies
Level 15
May 15, 2025 11:30:22 PM

see this link - https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-large-number-stock-transactions-turbotax/L7IFdQzko_US_en_US 

 

it will handle any type of security transaction

 

reporting will be on form 8949 

 

turbotax does not catch or identify wash sales. if you have a domestic broker, they should catch them and report accordingly. However, the broker will not catch wash sale between accounts