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Level 2
Oct 13, 2021 8:16 PM UTC
Question

Form 1099-B broker statement

Is there a way to upload a broker Form 1099-B instead of entering hundreds of transactions?

 

 

 

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5 replies

IRonMaN
Level 15
Oct 13, 2021 8:25 PM UTC

You only need to enter totals for transactions that the IRS was provided cost

Slava Ukraini!
Maureen3Author
Level 2
Oct 13, 2021 8:59 PM UTC

There are 44 totals to enter with a lot of wash sales. Many of the different totals need to be split between disallowed wash sales and losses that are ok. Is there an easy, quick way to enter all this?

George4Tacks
Level 15
Oct 13, 2021 11:23 PM UTC
Intuit Community Champion
Oct 14, 2021 4:05 PM UTC

On schedule D there is a box that you are attaching brokers statement instead of filling out details. checking that box should trigger form 8453, witch you will mail to irs after the return is accepted. You also have to summarize on the 1099B worksheet. 

sjrcpa
Level 15
Oct 14, 2021 7:00 PM UTC

You can avoid the mail by attaching it as a pdf and efiling.

The more I know the more I don’t know.