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Level 4
April 19, 2022
Question

Why is form 8949 not transmitted with the e-file?

  • April 19, 2022
  • 3 replies
  • 0 views

Hello,

 

I successfully e-filed but required to mail form 8453 with form 8949.  Why not included in the e-file?

 

Thank you

 

 

    3 replies

    AmyC
    Level 15
    April 19, 2022

    The IRS has certain forms that must be mailed in. Usually the 1099-B is also required to be mailed with the 8949. That way the IRS can see the form in your return along with the paperwork that generated it.

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    DPNJAuthor
    Level 4
    April 19, 2022

    Thank you - I've never had to mail a 1099b or mail these forms when I e-filed with cap gains of stock where the basis was not reported to the IRS .  The 1099B :Box E checked.

     

     

     

    Level 15
    April 19, 2022

    there are trades where the cost basis is not reported to the IRS. the IRS requires details on exh of these trades. if multiple trades are lumped together on the 8949, then to only way to submit detail to the IRS is through form 8453 with the details contained on the 1099-B

     

    DPNJAuthor
    Level 4
    April 19, 2022

    Thanks - I've had these in prior years and never had to mail these forms when e-filed.

    DPNJAuthor
    Level 4
    April 19, 2022

    Amy:

     

    Why is this not transmitted with the e-file this year?  I've had "no basis reported to IRS" in the past and TT never informed me to mail anything.

     

    Did the software change?

     

    Thanks