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  • My 8949 forms aren't complete

    From Jeff Barber@21:1/5 to All on Tue Apr 5 14:37:20 2022
    I filed 2021 and irs accepted, but now I've noticed that turbo tax didn't seem to include all my stock transactions on form 8949's, but the totals do match my 1099b. Should I amend the return to include all the 8949 entries even though the bottom line is
    the same?

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  • From Bob Sandler@21:1/5 to All on Tue Apr 5 17:31:31 2022
    I filed 2021 and irs accepted, but now I've noticed that turbo tax didn't seem to include all my stock transactions on form 8949's, but the totals do match my 1099b. Should I amend the return to include all the 8949 entries even though the bottom line
    is the same?

    Were some of the transactions reported on line 1a or 8a of
    Schedule D? Transactions included on those lines are not
    listed on Form 8949.

    I wouldn't file an amended return if it's not going to
    result in any change. If there is some detail missing, and
    the IRS wants the missing information, they will send a
    letter asking for it.

    Bob Sandler

    --
    << ------------------------------------------------------- >>
    << The foregoing was not intended or written to be used, >>
    << nor can it used, for the purpose of avoiding penalties >>
    << that may be imposed upon the taxpayer. >>
    << >>
    << The Charter and the Guidelines for submitting posts >>
    << to this newsgroup as well as our anti-spamming policy >>
    << are at www.asktax.org. >>
    << Copyright (2011) - All rights reserved. >>
    << ------------------------------------------------------- >>

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Jeff Barber@21:1/5 to Bob Sandler on Tue Apr 5 23:44:39 2022
    On Tuesday, April 5, 2022 at 4:33:20 PM UTC-5, Bob Sandler wrote:
    I filed 2021 and irs accepted, but now I've noticed that turbo tax didn't seem to include all my stock transactions on form 8949's, but the totals do match my 1099b. Should I amend the return to include all the 8949 entries even though the bottom line
    is the same?
    Were some of the transactions reported on line 1a or 8a of
    Schedule D? Transactions included on those lines are not
    listed on Form 8949.

    I wouldn't file an amended return if it's not going to
    result in any change. If there is some detail missing, and
    the IRS wants the missing information, they will send a
    letter asking for it.

    Bob Sandler

    Thanks Bob, you are right. I was mistaken in thinking that all transactions should appear on the 8949's, but I see now that my items in 1a and 8a on Sched D do not need to be, and that's how turbo tax handled it. Thanks!

    --
    << ------------------------------------------------------- >>
    << The foregoing was not intended or written to be used, >>
    << nor can it used, for the purpose of avoiding penalties >>
    << that may be imposed upon the taxpayer. >>
    << >>
    << The Charter and the Guidelines for submitting posts >>
    << to this newsgroup as well as our anti-spamming policy >>
    << are at www.asktax.org. >>
    << Copyright (2011) - All rights reserved. >>
    << ------------------------------------------------------- >>

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)