Where do I enter the CSV or Form 8949?

Forum|Forum|1 year ago
February 19, 2025
3 replies
40 views

I already entered my numbers under Wages/Income/Investments basically just using total Proceeds and cost basis. Is this enough to file the taxes or do I need to attach a CSV or Form 8949? I am having coinledger generate it for me but I want to make sure I'm doing it right and where to report it within TurboTax. Thank You.

JamesG1

Level 15

Assuming that you do not exceed the maximum transaction lines, it is possible to manually enter each transaction line from an IRS form 1099-B into either TurboTax Desktop or TurboTax Online. In such a case, if the information has been correctly entered, no report or attachment must be remitted to the IRS.

You may manually enter summary information from an IRS form 1099-B or Schedule 8949 Sales and Other Dispositions of Capital Assets into either TurboTax Desktop or TurboTax Online. In this case, the IRS wants to see a copy of the form that you input.

TurboTax Desktop requires that you to mail a paper copy of the form to the IRS attached to an IRS form 8453.

TurboTax Online allows you to upload a .PDF of the form into the software and the .PDF is remitted it the IRS with your tax return.

Retain any documentation that you receive, be it a .CSV or an IRS form 8949, should a tax authority have a question at a later time.

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rebatemeAuthor

Level 2

Thank you James. I have over 2500 transactions so manually inputting wont be an option.

Can I attach a CSV to my return? As I said previously I am only showing the total proceeds and cost basis in Turbo Tax and where it asks "when did you recieve this investment" I am selecting the option that says "Various or more than just one day".

I hope this is correct

Mike9241

Level 15

if this applies to you separate short-term from long-term when manually entering summary totals.

you might be able to e-file. it depends on whether the CSV printout is in a form similar to the 8949. if so you can e-file and submit form 8453 with the CSV details by mail. read the filing instructions on the form

https://www.irs.gov/pub/irs-pdf/f8453.pdf

Mike9241