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February 27, 2023
Question

Do I have to mail the IRS detailed statements from my broker of all the transactions in 2022 that comprised my Schedule D numbers?

  • February 27, 2023
  • 1 reply
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My broker's infor on form 1099 B comprises over 50 pages of data.

1 reply

February 27, 2023

If you enter your 1099-B using the Sales Section Totals method, you may only need to mail a few pages. 

 

If you're e-filing, you only need to mail the IRS a copy of your 8949 (along with Form 8453) if you entered sales section totals for one or more sales categories (instead of each individual sale) and one of the following is true:

  • The sales category for one or more summaries is something other than box A (short-term covered) or box D (long-term covered), or
  • The box A or box D summary includes adjustments (typically listed in boxes 1f or 1g on your broker statement)

Here's more info on Mailing Form 8949.

 

If you're using TurboTax Online, you can upload a PDF copy of your 1099-B to your return.

 

Choose 'Sales Section Totals' and you will get a screen asking you to attach a PDF.