abctax55
Level 15
03-14-2020
02:57 PM
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all with basis reported to IRS, said the OP.
@cglav I always include short term and long term totals on Schedule D and than attach the detail from the brokerage statement to Form 8453 and send mail to IRS
Then you are wasting time, paper, postage, storage place in Houston, etc.
IF they are covered transactions, nothing needs to be sent. And rather than mailing WHEN there are non-covered transactions... scanning & attaching is a much better alternative for the environment (especially since the consensus is that the IRS *never* looks at the F 8453 & attachments anyway.
"*******Tax software is no substitute for a professional tax preparer*******
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