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Level 3
April 7, 2021
Question

Detailed entry on 8949

  • April 7, 2021
  • 2 replies
  • 10 views

On both the 1040 and 1041, do all stock transactions need to be listed out individually on  the 8949?  I think I read that if on the 1099B it is indicated that basis was reported to the IRS, one could just use the total for STCG and LTCG.  Is that accurate?  

 

 

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2 replies

TAXOH
Level 10
April 7, 2021

Yes.

IRonMaN
Level 15
April 7, 2021

Yes -------- to the second question 😉

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