Do I have to list all the stock transactions for covered stock sales with base reported to the IRS or can I simply list the total of all transcations.

Forum|Forum|4 years ago
March 26, 2022
9 replies
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ProSeries Basic

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PATAX

Level 12

I believe there is a location on the worksheet where you can enter the totals. Even if you enter the individual amounts, if you go over 100 transactions, then it may total it anyways, which is what happened with me. But that is just my opinion, you do what you want to do.

IRonMaN

Level 15

PA types 3,000 words a minute so it sounds like he enters the info. The rest of us that type 3 words or less per minute just enter the totals for covered sales.

Slava Ukraini!

dascpa

Level 11

If it's a few transactions I enter them. If more I enter: Short-Term Covered Sales, 12/31/21, Various, Total SP and Total Cost Basis. Same for Long-Term and Short-Term/Long-Term Noncovered Sales.