Are these security transactions required to be reported on 8949?

Home Fairmark Forum Taxation of Investments Are these security transactions required to be reported on 8949?

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  • #21333
    starfish11040
    Participant

    I made about 200 transactions of stock options in 2020. I imported them from my broker 1099-B, using turbotax. The total capital gain for the transactions appears on Schedule D. But the transactions do not appear in a form 8949. So no record of these individual transactions are included in my tax forms to be sent to the IRS. My other security transactions do appear in form 8949.
    Aren’t these individual stock option transactions required to be reported (on form 8949)?

    #21415
    Kaye Thomas
    Moderator

    IRS does not require all transactions to be reported individually. If they are covered transactions (that is, the kind the broker has to report to the IRS) and there are no adjustments (such as a wash sale adjustment), you simply include the total.

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