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Where do I enter the CSV or Form 8949?

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.
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3 Replies
JamesG1
Expert Alumni

Where do I enter the CSV or Form 8949?

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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Where do I enter the CSV or Form 8949?

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

 

Where do I enter the CSV or Form 8949?

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 

 

 

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