what is 8949 exception reporting statement

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Form 8949 "Exception 1"

Below is an excerpt from the IRS Instructions (emphasis and bullets added).

Form 8949 isn't required for certain transactions .

You may be able to

• aggregate those transactions and
• report them directly on either line 1a (for short-term transactions) or line 8a (for long-term transactions) of Schedule D.

This option applies only to transactions (other than sales of collectibles) for which:

• You received a Form 1099-B (or substitute statement) that shows basis was reported to the IRS and
• doesn't show any adjustments in box 1f or 1g;
• The Ordinary box in box 2 isn’t checked;
• You don't need to make any adjustments to the basis or type of gain or (loss) reported on Form 1099-B (or substitute statement), or to your gain or (loss); and
• You aren't electing to defer income due to an investment in a QOF and aren't terminating deferral from an investment in a QOF.

If you choose to report these transactions directly on Schedule D, you

• don't need to include them on Form 8949 and
• don't need to attach a statement.

For more information, see the Schedule D instructions.

If you qualify to use Exception 1 and also qualify to use Exception 2 , you can use both. Report the transactions that qualify for Exception 1 directly on either line 1a or 8a of Schedule D, whichever applies. Report the rest of your transactions as explained in Exception 2 .

How To Fill Out Form 8949 on Your Taxes

Chloe is a staff writer at Keeper and a writer, editor, and journalist. She previously reported on internet culture and lifestyle trends for Mashable, where she also led the shopping section. In her free time, she enjoys reading and writing poetry, traveling, watching the Mets, and hanging out with her dog Pete.

Isaiah McCoy is a Certified Public Accountant (CPA) in Miami, Florida with over a decade of experience in tax, accounting, and financial analysis. He holds a Bachelor of Science degree in accountancy and a Master of Taxation degree from Arizona State University. Isaiah has also earned a Master of Business Administration with a finance concentration from LSU Shreveport. Isaiah has worked within several industries, including public accounting (serving clients in the natural resources, real estate, and not-for-profit sectors), higher education, and healthcare. In his free time, he enjoys traveling and watching soccer and is fluent in Spanish.

If you’ve traded stocks, offloaded concert tickets on StubHub , or finally sold your extensive baseball card collection (congratulations), you’ll need to report those transactions on Form 8949. 

Here’s what you need to know about the form, including how to fill it out, how to file it, and how to account for it elsewhere on your tax return.

What is Form 8949?

Form 8949 is used to report the “sales and dispositions of capital assets,” so you can pay taxes on any profit you made. This basically means that, if you’ve sold a significant piece of property, you’ll let the IRS know by sending in this form when you do your taxes.

What is a capital asset?

“Almost everything you own and use for personal or investment purposes is a capital asset,” according to the IRS . For the purposes of filling out Form 8949, this could be:

• Securities like stocks and bonds
• Collectibles like coins, jewelry, or art
• A piece of land or real estate

“Lunch is not a capital asset,” says CPA Robert Persichitte , who worked as an IRS tax auditor for 10 years. “Your 1962 Dudley Do-Right lunchbox is a capital asset.”

Do crypto and NFTs count?

Yes, cryptocurrency, NFTs, stablecoins, and related property count as capital assets. They’re what’s known as “ digital assets ,” and they’re treated the same as other assets for federal tax purposes. 

Who needs to fill out Form 8949?

Anyone who sells a capital asset should fill out Form 8949, unless you’re a professional business seller. There are a few other scenarios that would force you to fill out the form, but the sale of capital assets is the most common one.

Individuals and organizations can fill out Form 8949 if applicable, but we’ll concentrate on individuals here. 

Here’s what the IRS says should be reported on Form 8949 :

• “The sale or exchange of a capital asset not reported on another form or schedule” — i.e., if you’ve offloaded a capital asset, you’ll report it here
• “Gains from involuntary conversions (other than from casualty or theft) of capital assets not used in your trade or business” — i.e. income from a sale that you “didn’t want to make but had to,” according to Persichitte. One example of this is if you’re forced to sell your home to make way for a highway
• “Non-business bad debts” — that is, if you lent money that you didn’t get back
• “Worthlessness of a security” — that is, if a company you’ve invested in goes bankrupt and you’re able to write off your investment
• “The election to defer capital gain invested in a qualified opportunity fund (QOF)”: If you have a QOF, you might be eligible for certain tax breaks. That said, QOFs are “very hard to invest in by accident,” Persichitte says. “If you had this, you’d probably know.”
• “The disposition of interests in QOFs” — i.e. the sale of one of the above investments

What if you’re a business seller?

The rules change a bit if you sell capital assets as a self-employed worker — for instance, if you source and sell clothing on Poshmark , or if you day trade on Coinbase. In those cases, you’d report your sales and earnings on Schedule C of Form 1040, and you wouldn’t need to fill out Form 8949.

If you’re a business seller, you’re also eligible to take business write-offs, which Keeper can track for you automatically. These might include inventory costs, shipping costs , or even a portion of your internet bill — whatever it takes to keep your business functioning.

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Not sure if you’re a business seller? Check out our explainer on business vs. hobby guidelines . In general, though, if you’re in it to make a profit rather than offloading unwanted items once in a while, you’re probably running a business in the IRS’s eyes.

What if you lost money on your sale?

If you lost money on your sale — for example, if you bought stock for $1,000 and sold that same stock for only $700 — you’ll still need to fill out Form 8949. However, you won’t have to pay taxes on the transaction. There’s no profit to pay taxes on!

In even more good news, you can write off your losses on your taxes. This will lower the overall amount of income you’re taxed on, which means your bill will be lower, too.

For example, let’s say you made $60,000 at your day job, but you lost $1,000 when you sold a chunk of stock. According to IRS rules, you’re able to deduct up to $3,000 in capital losses from your other income. Thus, you’d only be taxed on 60,000 minus 1,000 — $59,000.

What do you need in order to file Form 8949?

First, let’s take a look at the form’s structure. 

Form 8949 is divided into two parts. The two parts are very, very similar to one another. The only real difference is that Part 1 is for short-term capital gains and losses and Part 2 is for long-term capital gains and losses.

If you have both, you’ll fill out both sections of the form. If you only have one, you’ll only need to fill out one section.

With Keeper , you can file Form 8949 right on the app — whether you sold a single stock or your entire coin collection. Plus, a team of tax assistants is available to help answer any questions you have.

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Understanding short-term vs. long-term capital gains

The difference between a short-term and a long-term capital gain comes down to how long you owned the asset before you sold it. You’ll be taxed less if you owned it for at least a year. Note that it’s unusual for long-term capital gains to be taxed at more than 15%.

Your Form 1099-B

If you sold stocks, bonds, or other securities through a broker, you’ll receive a Form 1099-B from the broker. For example, if you sold stock using Robinhood , you’ll receive a 1099-B from Robinhood detailing the transactions you made throughout the year.

You’ll transfer information from your 1099-B form onto your Form 8949, which you’ll then file with your tax return. You don’t need to file the 1099-B itself — if you’ve received a copy from your broker, the IRS has received a copy too.

What if you don’t receive a 1099-B?

Form 1099-B is intended to report the sale of securities, so if you sold something else — physical collectibles or land, for instance — you won’t receive one. Other types of 1099 forms you might use include:

• 1099-S: For some real estate transactions. This will be sent to you by whoever closed the transaction, likely an agent
• 1099-A: If your home was foreclosed on, you can use the data on this form to report the capital loss

If you don’t receive a 1099 at all, you’ll have to use other sources of information to fill out Form 8949. Luckily, that shouldn’t be too difficult — think bank statements, personal records, emails, and so on.

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How to fill out Form 8949

Next, we’ll move through the form step by step, beginning with short-term gains and losses.

Step #1: Check box A, B, or C in Part 1

First, you’ll indicate whether the IRS is already aware of your assets’ “basis” — or the amount you originally paid for it. For example, if you bought a rare coin for $400, your basis is $400 — no matter how much you ultimately sell it for. You’ll do this by checking box (A), box (B), or box (c).

If you’ve received Form 1099-B for the short-term transactions you’re reporting, you can narrow down your options to box (A) and box (B). 

When to check box A

Next, ask yourself: Does the entity that sent you the 1099-B know how much you originally paid for the asset? For example, if you do all your trading on Robinhood, the app would be aware that you paid $1,000 for your shares of Company X, and you’d check box (A). 

When to check box B

I f you transferred shares to Robinhood from another brokerage, Robinhood may not be aware of how much you initially paid for them. In this case, you’d check box (B).

When to check box C

Finally, you’ll check C if you did not receive a Form 1099-B at all. This will apply if you’re dealing with assets other than securities.

What should you do if multiple boxes apply?

If your list of transactions falls under multiple boxes (for example, you have some transactions that fall under box (A) and some that fall under box (B), you’ll need to fill out a separate form for each type.

Step #2: Fill out Section 1 

Here’s the meat of the form. Let’s go through it column by column. As you read, you can refer to the below hypothetical example for reference.

Column (a): Description of property

What asset are you talking about? Be specific, but don’t stress too much. A brief description will do just fine. If the asset is stocks, be sure to specify the number of shares.

Column (b): Date acquired

When did you acquire the asset? This could be the day you bought it, the day it was gifted to you, or the day you found it by the side of the road. Be as specific as possible.

Column (c): Date sold or disposed of

When did you sell the asset? This will theoretically have happened quite recently, so you should be able to nail down the exact date.

Column (d): Proceeds (sales price)

How much did you sell the asset for?

Column (e): Cost or other basis

How much did you initially pay for the asset? It’s possible that you paid $0, which is fine. In that case, you’ll generally enter the fair market value of the asset at the time you got it. You can figure that out a few ways, including from a previous appraisal or by comparing the asset to similar assets that were sold around the same time.

Columns (f) and (g): Adjustments

You’ll only need to fill out these columns if you received an incorrect 1099 form, if you’re “excluding or postponing” a capital gain, or if you have a disallowed loss.

One example of a disallowed loss is a wash sale, or a sale in which you purchase a security 30 days before or 30 days after you’ve sold the same security. If you take a loss on that sale, the IRS won’t let you write it off. This is to prevent people from deliberately using these types of sales to lower their taxable income. ‍

Column (h): Gain (or loss)

To find this number, you’ll simply calculate the difference between column (d) and column (e). This could be a positive number, which means you’ve made a capital gain, or a negative number, which means you’ve taken a capital loss and won’t have to pay taxes. It could also be zero, which also means you don’t have to pay taxes. Can’t be taxed on nothing!

Step #3: Calculate your short-term totals

Here, you’ll add up the amounts in columns (d), (e), (g), and (h) to find your totals for each. Remember that if one of your entries is a negative number, you should subtract that amount.

Next, we’ll move to Part 2, which deals with long-term transactions. You don’t need to fill out the next section if you don’t have any!

Step #4: Check box (D), (E), or (F) in Part 2

Part 2 functions identically to Part 1: You’ll check:

• Box (D) if you received Form 1099-B and the IRS is aware of your basis
• Box (E) if you received Form 1099-B and the IRS is not aware of your basis
• Box (F) if you did not receive Form 1099-B at all

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Step #5: Fill out Section 1

Look familiar? It should! This is essentially a replica of the section where you filled out your short-term transactions. You’ll follow the same steps to report your long-term transactions here.

Step #6: Calculate your long-term totals

Repeat step 3 for your long-term transactions.

Remember to fill out Schedule D

Before you send Form 8949 on its merry way, you’ll also need to report your totals on Schedule D of Form 1040. You’ll see that there are sections to report both your short-term and long-term totals — just like Form 8949.

You’ll also use Schedule D to figure out your overall gain or loss from the totals you reported on Form 8949 (or forms, if you had to fill out multiple copies). This will help you determine your overall gain or loss for the year, with both short-term and long-term transactions included. 

When that’s done, you’re ready to send all your capital sales information to the IRS. Whew! You did it. We knew those baseball cards would come in handy one day.

Chloe Bryan

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What Is IRS Form 8949?

• Who Can File?
• How to File

Where to Find Form 8949

The bottom line.

• Tax Laws & Regulations

IRS Form 8949: Sales and Other Dispositions of Capital Assets

Lea Uradu, J.D. is a Maryland State Registered Tax Preparer, State Certified Notary Public, Certified VITA Tax Preparer, IRS Annual Filing Season Program Participant, and Tax Writer.

Form 8949: Sales and Other Dispositions of Capital Assets is an Internal Revenue Service (IRS) form used to report capital gains and losses from investments. The form is used by individual taxpayers as well as partnerships, corporations, trusts, and estates.

Taxpayers are required to report short- and long-term capital gains and losses from sales of investments. The information recorded on Form 8949 reconciles the amounts reported to taxpayers and the IRS on Form 1099-B , which brokerages send to their account holders annually.

Key Takeaways

• IRS Form 8949 is used to report capital gains and losses from investments for tax filing.
• The form includes Part I and Part II to separate short-term capital gains and losses from long-term capital gains and losses, as they are subject to different tax rates.
• Users of Form 8949 also need to complete a Schedule D and file a Form 1099-B, which is provided by brokerages to individual taxpayers.

Who Can File Form 8949?

According to the IRS, individuals, partnerships, corporations, trusts, and estates can file Form 8949 in order to report the following:

• The sale or exchange of a capital asset not reported on another form or schedule
• Gains from involuntary conversions (other than from casualty or theft) of capital assets not used in your trade or business
• Non-business bad debts
• The worthlessness of a security
• The election to defer capital gain invested in a Qualified Opportunity Fund
• The disposition of interests in Qualified Opportunity Funds

Anyone filing a joint return must complete as many pages of the form as necessary to report their transactions. The totals from all completed pages of Form 8949 are transferred to Schedule D.

Along with the list above, corporations can use Form 8949 to report the sale of stock of a specified 10%-owned foreign corporation, adjusted for the dividends-received deduction under section 245A, but only if the sale would otherwise generate a loss.

Taxpayers with an eligible gain can invest it in a Qualified Opportunity Fund and elect to defer part or all of that gain.

How to File Form 8949

A capital gain or loss is generated when a capital asset is sold and reported to the IRS for tax purposes. Schedule D: Capital Gains and Losses of IRS Form 1040 is used to report most capital gain or loss transactions. Form 8949 must be completed in order to arrive at the net gain or loss that is entered on Schedule D.

Along with the filer's name and taxpayer identification number, Form 8949 has two parts that need to be completed. Part I deals with short-term assets held one year or less. Part II is used for long-term transactions, those assets held for more than one year. Each asset sold must be identified along with its purchase and sale date and its purchase and sale price.

The transactions reported on Form 8949 can be found on Form 1099-B: Proceeds from Broker and Barter Exchange Transactions , which is provided by brokerages once a year to their account holders and to the IRS. Form 1099-B reports the cost basis of the investor’s buy and sell transactions.

In some cases, Form 1099-B will not report the cost basis of an asset. If this is the case, the taxpayer must determine the base amount to calculate the gain or loss from a capital asset using a separate Form 8949. A capital asset transaction for which no Form 1099-B is issued must be listed on another Form 8949.

Form 8949 can also be used to correct any inaccuracies in the data reported on Form 1099-B. If the capital losses or gains for the year are reported for all assets on 1099-B with the correct basis, then Form 8949 is not necessary.

Keep in mind, though, that Schedule D is still required and must still be filed.

All the pages of Form 8949: Sales and Other Dispositions of Capital Assets are available on the IRS website .

Can Schedule D Be Completed Without Form 8949?

No, a taxpayer with capital gains or losses to report must file both Form 8949 and Schedule D. Form 8949 displays a list of every transaction, including its cost basis, its sale date and price, and the total gain or loss. The total short-term and long-term gains or losses are then used on Schedule D to determine the total amount of capital gains taxes owed.

What Information Is Required on Form 8949?

Information required for each asset reported on Form 8949 includes the description of the stock or other asset, the purchase price, purchase date, selling price, and selling date.

Is Form 8949 Required for Reporting Cryptocurrency Transactions?

Form 8949 may be required when you realize a gain on cryptocurrency by buying and then selling crypto for profit in a taxable account or exchanging crypto for goods or services that realize a gain in value.

Form 8949: Sales and Other Dispositions of Capital Assets is an IRS form used by both individuals and businesses to report capital gains and losses from investments. Form 8949 and Schedule D are required as part of your tax return whenever a capital asset such as stock is sold during the year.

Each listing of an asset on Form 8949 includes the description of the property, its purchase price, purchase date, selling price, and selling date.

For stock investors, most of the information needed to complete Form 8949 is included on Form 1099-B that brokerages send to their account holders annually.

Internal Revenue Service. " Topic No. 409, Capital Gains and Losses ."

Internal Revenue Service. " Instructions for Form 8949 (2022) ."

Internal Revenue Service. " 2022 Instructions for Schedule D (2022) ."

Internal Revenue Service. " 2022 Form 8949 ,"

Internal Revenue Service. " About Form 1099-B, Proceeds from Broker and Barter Exchange Transactions ."

Internal Revenue Service. " About Form 8949, Sales and other Dispositions of Capital Assets ."

Internal Revenue Service. " Frequently Asked Questions on Virtual Currency Transactions ."

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What Is IRS Form 8949?

How Does IRS Form 8949 Work?

Who uses irs form 8949, where to get a form 8949.

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Can Form 8949 Be E-Filed?

Where to mail form 8949, frequently asked questions (faqs).

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IRS Form 8949 is a tax document you typically use to account for the difference in figures reported on Forms 1099-B and 1099-S, and your tax return. Form 8949 is filed along with Schedule D.

Key Takeaways

• The primary purpose of IRS Form 8949 is to report sales and exchanges of capital assets.
• Form 8949 is filed along with Schedule D of your individual federal income tax form.
• Anyone who has received one or more Forms 1099-B, Forms 1099-S, or IRS-allowed substitutions should file a Form 8949.
• You may not need to file Form 8949 if the basis for all of your transactions was reported to the IRS, and if you don't need to make any adjustments to those figures.

Per the IRS, you'll use Form 8949 to report the following:

• The sale or exchange of any capital asset that’s not reported on another form or schedule
• Gains from involuntary conversions of capital assets not used in your trade or business, not including casualty or theft
• Non-business bad debts
• Worthlessness of a security
• The election to defer a capital gain invested in a qualified opportunity fund (QOF)
• The disposition of interests in an QOF

Corporations, partnerships, estates, and trusts would use Form 8949 for many of the same reasons.

A QOF is an investment vehicle organized specifically to invest in qualified opportunity zone (QOZ) property. A QOZ is an economically struggling community where you can get special tax treatment if you invest in it.

Complete as many copies of Form 8949 as necessary to include all transactions made by both you and your spouse if you're married and filing a joint tax return. You can enter the transactions on separate forms according to which of you completed the transaction, or combine them into one form. In any case, you must enter the total from all of your and your spouse's 8949 forms on your Schedule D.

An Example of Using Form 8949

Say you bought and sold several investments during they year through one broker. The broker sends you a 1099-B with data that doesn't match up with your records. You want to file your numbers on your 1040, so you use Form 8949 to document the differences between what's on the 1099-B you received and what you reported on your return.

Anyone who has received one or more Form 1099-B , Form 1099-S , and IRS-allowed substitutes for those forms should file Form 8949.

Look carefully at the 1099 forms you've received from your broker. You may not need to file Form 8949 if the cost or other basis for all of your transactions was reported to the IRS and if you don't need to make any adjustments.

Your 1099 forms should give you information on whether you should check Box A, B, or C (Part I) for short-term transactions, or Box D, E, or F (Part II) for long-term transactions, all for a given transaction or set of transactions. However, you’ll have to determine from your own records whether the transaction was short-term or long-term if Box 2 of Form 1099 is left blank, and if code X is in the "Applicable checkbox on Form 8949" box.

Boxes A and D on Form 8949 are for transactions that are reported on Forms 1099 indicating that basis was reported to the IRS. Boxes B and E are for transactions reported on Forms 1099 that indicate any basis that wasn't reported to the IRS. Boxes C and F are for transactions that weren't reported to you on Form 1099.

Short-term transactions are generally those that involve assets you held for a year or less. Long-term transactions are generally those that involve assets you held for more than a year. But there are exceptions to this general rule. It's always considered to be a long-term transaction if you sell a property that you’ve inherited or were given as a gift, even if you owned it for a year or less. To calculate how long you held an asset, count from the day after you got it to when you sold it or gave it to someone.

The IRS provides an interactive Form 8949 on its website. You can complete it online and print it out. The form should also be available from any tax preparation software you use.

How To Fill Out and Read Form 8949

Check Box A, B, or C in Part I, depending on which reporting option applies. Enter information on all of your short-term transactions under Line 1 (sales and exchanges) of capital assets, including stocks, bonds, and real estate that fit that reporting category.

You’ll have to fill out another Form 8949 with that same box checked if you have more transactions to list than will fit on the page.

Your description for each property in Column "a" on Form 8949 should be based on the description given on the applicable Form 1099-B or Form 1099-S (if you received one).

Column "d" is for proceeds, "e" is for cost or other basis, "g" is for the amount of the adjustment, and "h" is for gain or loss. The gain or loss for each transaction is calculated by subtracting the cost or other basis from the proceeds, then adding or subtracting any adjustment if applicable.

Examples of adjustments you might be required to make include increasing the basis of a property you sold by the value of any improvements you made to it, and adjusting for any stock splits that occurred before you sold shares of a company. Publication 551 provides detailed information on various increases and decreases to basis.

Enter the totals of the figures in columns (d), (e), (g), and (h) on Line 2. Enter these same amounts on Schedule D . You'll enter the amounts on Line 1b of Schedule D if you checked Box A. You'll enter the amounts on Line 2 if you checked Box B. Enter the amounts on Line 3 if you checked Box C.

Follow the same steps in Part II for all your long-term transactions that fall under one of the reporting categories. Check Box D, E, or F, and enter the information for all of the transactions. Add up the same columns and enter the totals on Line 2, as well as on Schedule D. Enter the amounts on Line 8b of Schedule D if you checked Box D. Enter the amounts on Line 9 if you checked Box E. Enter the amounts on Line 10 if you checked Box F.

Using Schedule D

In addition to the total gain or loss from transactions reported on your Form(s) 8949, you might have to use Schedule D to report certain transactions you don't have to report on Form 8949.

You must enter each transaction in separate rows of the electronic form if you want to e-file your Form 8949, or you can include Form 8949 as a PDF attachment to your return. You can also mail paper copies of both Form 8949 and Form 8453 for an IRS e-filed return.

You can mail Form 8949 along with Schedule D and your Form 1040 or Form 1040-SR to the appropriate address. Where you mail your return is based on where you live. You can find the proper address on the IRS' website .

Do I need Form 8949?

You'll need to complete and file Form 8949 with your tax return if the information reported on Form 1099-B or Form 1099-S is different from the amount you report on your tax return.

Do I use Schedule D or Form 8949?

You'll arrive at subtotals when you complete Form 8949. These subtotals then are transferred to Schedule D to calculate your gain or loss , so you would use and file both forms with your tax return.

How do I fill out Schedule D and Form 8949?

The IRS publishes specific, line-by-line instructions for both forms on its website, but you might be best off consulting with a tax professional to ensure that you're correctly reporting and calculating this type of income.

How do I fill out Form 8949 for cryptocurrency?

You must report any sale or trade of your cryptocurrency , as well as any purchases you made with it. You must determine whether you held these disposals for the short term (less than a year) or the long term (one year or longer). You'll report these by checking different boxes on the required tax form. You'll then transfer your net loss or gain to Schedule D. Again, the process can be complicated, so you might want to enlist the help of a professional to make sure you get it right.

IRS. " Instructions for Form 8949 ."

IRS. " Opportunity Zones Frequently Asked Questions ."

IRS. " Form 8849: Sales and Other Dispositions of Capital Assets ." Pages 1-2.

IRS. “ Topic No. 409 Capital Gains and Losses .”

IRS. " Schedule D: Capital Gains and Losses ." Page 1.

IRS. " About Form 8949, Sales and Other Dispositions of Capital Assets ."

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Attach electronic copy of Form 8949 substitute statement

• Go to the Income input folder.
• Select the Broker screen.
• Open the Proceeds from broker transactions statement.
• In the Desc field, enter See attached . You can also add more descriptive text if you want.
• Enter the total amount of capital gains and losses.
• In the Force field, enter 1 for short-term, 2 for long-term, or 3 for 28% rate.
• If multiple items exist, enter the summary statement items within the 1st 10 rows of the statement to ensure proper processing by the IRS.
• Scan the Form 8949 and save the scanned copy on your computer or computer network.
• The IRS recommends that you save the PDF attachment of Form 8949 as "Form 8949 Exception to reporting" followed by a name to identify the broker.
• In UltraTax CS, select Edit , then Electronic Filing Attachments . note If Electronic Filing Attachments isn't enabled, mark the File this return electronically field in the ELF screen in the Electronic Filing folder for the client's return.
• Select Add .
• In the Product field, then select Federal from the dropdown.
• In the Return field, select Tax Return , if it's not already entered.
• In the Attachment title dropdown, select Form 8949 Exception to reporting <enter name> and change <enter name> to the broker's name.
• Select File then Browse to go to the location of the substitute statement you want to attach.
• Select OK to return to the Electronic Filing Attachment window. Repeat steps 4–9 to add more attachments.
• Select View Attachment to view the PDF file to include in the electronic file.
• When finished, select OK to close the window. Now, when you create the electronic file, the attachments will be included as part of the file.

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Turbo Tax 2022 does not generate form 8949 for individually entered stock sales

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Form 8949 Exception Reporting Statement

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