u/mmoney20

Redacting account numbers on 1099b forms attached

Are you guys redacting account numbers from 1099b forms you attach with e-filing for stock sale summaries - asking especially for 1099 composites have might be hundreds of pages long?

reddit.com
u/mmoney20 — 3 hours ago

Freetaxusa - 1099B summary good enough or wash sales require transaction details?

Usually use TT. This year trying Freetaxusa. From my

Usually use TT. This year trying Freetaxusa. From my research, I’m getting mixed results on being able to submit summary of capital gains, loss and wash sales and attachment of detailed transactions as attachment for e-file. Some say this method suffice. Other Freetaxusa users say you have to write in those wash sales details on 8949. That seems burdensome for a trader who has hundreds or thousands of transactions.

Appreciate any feedback from folks who are using Freetaxusa and what they have done that is still simple and quick within the tax laws.

reddit.com
u/mmoney20 — 2 days ago

Freetaxusa - 1099B summary good enough or wash sales require transaction details?

Usually use TT. This year trying Freetaxusa. From my research, I’m getting mixed results on being able to submit summary of capital gains, loss and wash sales and attachment of detailed transactions as attachment for e-file. Some say this method suffice. Other Freetaxusa users say you have to write in those wash sales details on 8949. That seems burdensome for a trader who has hundreds or thousands of transactions.

Appreciate any feedback from folks who are using Freetaxusa and what they have done that is still simple and quick within the tax laws.

reddit.com
u/mmoney20 — 2 days ago