1099B worksheet

Forum|Forum|5 years ago
February 27, 2021
3 replies
17 views

If i'm filing form 8453 due to many brokerage transactions and then fill out form 8949 what do I put for the date sold. It will not let me put the word "various". How do I circumvent this problem ?

ProSeries Professional

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Terry53029

Intuit Community Champion

If they are all "covered transactions" you only have to put total short term, and total long term that is on the 1099B. No need to list details. No need for 8453, and no need to send statement to IRS

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Sanichi 1

Level 3

I am correct to assume that if you have all box A short term transactions for covered tax lots you only need to enter the date of sale, proceeds, cost, and if any wash sales on only 1 line? I have proceeds of $18,320.99, a cost basis of $20,222.95, wash sales of $395.79 & a net loss of $1,506.17. Then I would enter in the description "Box A Tranactions at Robinhood Securities", the date of sale as 12/31/2020 & various as the date of purchase? Again, I have numerous transactions that are all box A short term covered lot tax lots.

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Terry53029

Intuit Community Champion

If you have wash sells then you will have to list them individually, and don't include them in the two summaries. Look at the 1099B worksheet, and you will see

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