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March 11, 2024
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Turbotax says I need to mail 1099-B with form 8453 - but there is no Form 8453 shown

  • March 11, 2024
  • 1 reply
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Hello:

 

Hoping someone can advise. Doing our taxes and we have one brokerage that isn't a Turbotax partner and so the financial info cannot be downlaoded (painful--this is the last year we'll have this brokerage). I didn't want to manually enter all the various sales as there are many dozens, so I chose the option to enter summary data. When I did that, Turbotax tells me that I'll need to mail in the documentation along with Form 8453 within 3 days of the return being accepted through Efile. Fine--kind of frustrating that you can't attach a file or something, but I can mail the info.

 

Here's the problem. Everything I see tells me that Turbotax will automatically generate the Form 8453 . . . but there isn't one when I check my forms. I've completed up through Federal Smart Check, so does that 8453 not generate til later (and if so, when does that happen)? Or does this mean that I don't really need to mail in afterall or maybe I do but there's a glitch in getting the Form 8453?

 

I see a Form 8949, but the 8453 was specifically mentioned in the message/instructions and elsewhere in Turbotax help and community posts. Any help would be appreciated!

    Best answer by rjs

    TurboTax will generate Form 8453 when you go through the final filing steps and select e-filing. It waits until then because Form 8453 is not used if you file by mail. If you file by mail, you attach a copy of the 1099-B to your paper tax return, after all the IRS forms.


    Whether you e-file or file by mail, send the IRS a copy of the 1099-B, not the original.

     

    1 reply

    rjs
    rjsAnswer
    Employee
    March 11, 2024

    TurboTax will generate Form 8453 when you go through the final filing steps and select e-filing. It waits until then because Form 8453 is not used if you file by mail. If you file by mail, you attach a copy of the 1099-B to your paper tax return, after all the IRS forms.


    Whether you e-file or file by mail, send the IRS a copy of the 1099-B, not the original.

     

    March 11, 2024

    Thank you for the quick & helpful response!