TurboTax is equipped to handle around 10,000 individual transactions per brokerage account.
If you hit the transaction import limit, you can enter a summary for each sales category.
Your brokerage statements should include a summary of your transactions, grouped by sales category, for example, Box A short-term covered or Box D long-term covered.
You'll enter the summary info instead of each individual transaction. Select your product below for instructions:
TurboTax will generate Form 8453. You can still e-file your return, but you'll need to mail a paper copy of your 1099-B to the IRS along with Form 8453, which you can print from your online account or from the desktop software within three (3) business days after you have received acknowledgement that the IRS has accepted your return.
Mail these completed forms to the IRS at the address below by the tax-filing deadline:
Internal Revenue Service
Attn: Shipping and Receiving, 0254
Receipt and Control Branch
Austin, TX 73344-0254
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