Hi,
I imported around 200 transaction including few with wash sales and few missing cost bases from Schwab. Turbotax lists each and every transaction in online data entry screen and amounts are correct. However for final from printing it consolidates trasaction when there is no wash sale and bases reported on Schedule D . Lists only trasaction with wash sale or basis missing on Form 8949. Is there a way to force Turbotax to list all trasaction on 8949 and not to consolidate all the transactions?
Since Turbotax consolidates transactions for which bases are reported to IRS and only lists other transactions on 8949 will it require me to mail 1099-b papercopy?
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FYI My covered transaction are automatically consolidating and apprearing on Schedule D line 1a and 8a. Non covered are showing up on 8949. Is there a way to force Turbotax to list all the transactions individually on form 8949? I use online Premium edition
why do you need to - IRS doesn't require line 1a/8a to be reported on Form 8949.
you only need to send additional details to the IRS if you input summary level entries with adjustments (for wash sales, AMD, noncovered lots etc) on lines 1b/8b but don't provide the details as "one by one" for Form 8949.
Thank you for quick answer. I will just go ahead and file my taxes.
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