When a customer presents a 1099-B with a great many transactions (coded A for example) all for the same security, is it acceptable
to enter just the summary of its gains & losses as shown on the1099-B on 8449 for this security and check the box on schedule "D" and create a PDF
listing all the transactions? Would a PDF of the customer's 1099-B showing all transactions as an attachment to the e-file suffice for this purpose?
Was wondering how other preparers handle this issue. Thanks for comments.
to enter just the summary of its gains & losses as shown on the1099-B on 8449 for this security and check the box on schedule "D" and create a PDF
listing all the transactions? Would a PDF of the customer's 1099-B showing all transactions as an attachment to the e-file suffice for this purpose?
Was wondering how other preparers handle this issue. Thanks for comments.
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