dkh
Level 15
10-07-2020
04:43 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Do you know you don't have to report each transaction if it meets certain criteria - See Instructions for Schedule D, page D-11, column 3 : Lines 1a and 8a - Transactions not reported on Form 8949
I have client with same situation - hundreds of stock transactions. I only have to enter a dozen or so that are wash sales. The rest meet the requirements per Sched D instructions that can be entered as lump sum on Schedule D. It is a huge time saver.