If you're having difficulty editing many cost basis 1099-B transactions, you may report the summary totals of your 1099-B transactions. You'll need to send a copy of your 1099-B's to the IRS within three days of your return being accepted. Just indicate in TurboTax that you are mailing in your 1099-B's or 8949 to the IRS. TurboTax will generate Form 8453 which will be sent with the information. Please follow the steps below to enter summary totals instead of entering your 1099-B transactions one by one. Type 1099-B in the search box and select the Jump to 1099-B. On the Your investments and savings screen, scroll down to Add investments. On the Relax. We got ii screen, Continue. On the Let's import your tax info screen, select Enter a different way. On the OK, let's start with one investment type screen, select Stocks, Bonds, Mutual Funds and Continue. On the Which bank or brokerage sent you a 1099-B for these sales screen, enter the information and Continue. On the Tell us about the sales on your XXX 1099-B screen, answer the questions. Make sure, when asked, Do you have more than three sales on your 1099-B?, you answer Yes (4+) then Continue. On the Now, choose how to enter your sales screen, select Sales section totals and Continue. On the following screens you'll be asked for totals.

Question

I am trying to edit mass cost basis transactions

Forum|Forum|4 years ago
March 9, 2022
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TurboTax Premier Online

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HelenC12

If you're having difficulty editing many cost basis 1099-B transactions, you may report the summary totals of your 1099-B transactions. You'll need to send a copy of your 1099-B's to the IRS within three days of your return being accepted. Just indicate in TurboTax that you are mailing in your 1099-B's or 8949 to the IRS. TurboTax will generate Form 8453 which will be sent with the information.

Please follow the steps below to enter summary totals instead of entering your 1099-B transactions one by one.

Type 1099-B in the search box and select the Jump to 1099-B.
On the Your investments and savings screen, scroll down to Add investments.
On the Relax. We got ii screen, Continue.
On the Let's import your tax info screen, select Enter a different way.
On the OK, let's start with one investment type screen, select Stocks, Bonds, Mutual Funds and Continue.
On the Which bank or brokerage sent you a 1099-B for these sales screen, enter the information and Continue.
On the Tell us about the sales on your XXX 1099-B screen, answer the questions. Make sure, when asked, Do you have more than three sales on your 1099-B?, you answer Yes (4+) then Continue.
On the Now, choose how to enter your sales screen, select Sales section totals and Continue.
On the following screens you'll be asked for totals.