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I just filed my 2022 tax and i was instructed to mail in 8453. Does it mean I have to physically mail my 500+ page of transactions to the IRS to complete my return?

 
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8 Replies

I just filed my 2022 tax and i was instructed to mail in 8453. Does it mean I have to physically mail my 500+ page of transactions to the IRS to complete my return?

Regarding stock and options, for Box A and Box D, only wash sales or other adjusted transactions have to be itemized on e-Filed Form 8949 or mailed Form 8949, or equivalent.

The other transactions without adjustments can be aggregated. Report the sub-totals of cost and proceeds for those transactions on Schedule D Line 1a or Line 8a respectively.

If you have no wash sales, there will be no form 8949, No attachment is necessary. No mailing is necessary.

 

That's the only detail report exception.

there is no detail report exception for the other Boxes on Schedule D.

@aznkk82 

I just filed my 2022 tax and i was instructed to mail in 8453. Does it mean I have to physically mail my 500+ page of transactions to the IRS to complete my return?

I do have wash sales.

I just filed my 2022 tax and i was instructed to mail in 8453. Does it mean I have to physically mail my 500+ page of transactions to the IRS to complete my return?

find the pages that have details of a wash sale and print that page.

how many pages is that ?

 

@aznkk82 

I just filed my 2022 tax and i was instructed to mail in 8453. Does it mean I have to physically mail my 500+ page of transactions to the IRS to complete my return?

yikes, if i need to locate all wash, then it would be near impossible.
I was trying day trading and lost tons. :(

Would I better off print out everything and mail it all.

Or can I amend my submitted return so I don't need to mail in the 8453

 

I did a similar return for 2021 but I was able to import all my trades into TT Desktop and didn't have to mail in the 8453.

I just filed my 2022 tax and i was instructed to mail in 8453. Does it mean I have to physically mail my 500+ page of transactions to the IRS to complete my return?

why is it impossible?

wash sales are easily identified on your consolidated 1099-B.

admittedly, it would be helpful if your brokerage grouped those all separately.

Complain to your brokerage.

 

@aznkk82 

I just filed my 2022 tax and i was instructed to mail in 8453. Does it mean I have to physically mail my 500+ page of transactions to the IRS to complete my return?


I had a few brokers that I used, all but 1 was able to be imported. 
would i just need to find the wash sale that wasn't able to be imported?
Would TT send the imported one to IRS?

I just filed my 2022 tax and i was instructed to mail in 8453. Does it mean I have to physically mail my 500+ page of transactions to the IRS to complete my return?

whatever is listed on your e-Filed return does not have to be duplicated on paper.

@aznkk82 

I just filed my 2022 tax and i was instructed to mail in 8453. Does it mean I have to physically mail my 500+ page of transactions to the IRS to complete my return?

Ok, so basically the whole file for the summarize entry that I had to enter manually. 

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