1099B numerous transactions; can I report the totals rather than data entry?

[Karnak]

I see that the 8949 does not automatically print any longer.  I have 100+ stock trades, all with basis reported to IRS

Must I date entry every single transaction?

Can't I just enter total long term, total short term, total basis, total proceeds ?  By each brokerage statement?  and leave the actual dates blank? 

Thanks for any advice; it is all so laborious

[TAXOH]

Yes you can enter short term covered totals, short term non covered totals, long term covered totals and long term non covered totals.  For the non covered totals you will want to scan and attached the detail to the return.

[IRonMaN]

And yet how many folks are still standing out in front of Intuit headquarters with their torches and pitchforks because the import function isn't working properly 😕

[abctax55]

Form 8949 isn't required for covered transactions.

[cglav · Accepted solution]

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.  Form 8453 instructions has the address.  

[Karnak]

Thank you

[abctax55]

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.

[cglav]

Too many pages for my scanner technology, after i scan i would have to convert each page to a .pdf, way too time consuming.   If not for that I would attach them to the return.  

[sjrcpa]

Why not attach as a pdf and efile?

[dd4vols]

i just do what @sjrcpa  said.  Scan a .pdf...attach the file thru the E-file option.....when you attach, you chose the 8949 option on the dropdown....and bingo.

[abctax55]

scanning & attaching is a much better alternative

I suggested that... but s/he doesn't have the "technology" to do so efficiently.