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The UI for 8949 is worse than TurboTax, for the edge case of having a lot of non-covered shares. (Technically you can mail a paper copy of all the 1099-B to th
by dmoy 3y ago
The UI for 8949 is worse than TurboTax, for the edge case of having a lot of non-covered shares. (Technically you can mail a paper copy of all the 1099-B to the IRS to work around this problem)
And I think some 1099-R codes used to have buggy question flow, but it's better now.
So far that's the only two things I've found worse than TurboTax, and certainly not worth paying Intuit for.
- OkayPhysicist 3y ago> (Technically you can mail a paper copy of all the 1099-B to the IRS to work around this problem) I do this every year. Got into the habit because some index fund thing I had a couple bucks of in my portfolio did some weird shit with stock dividends and ended up producing over a hundred transactions amounting to just over the "round to zero" amount of profit. It's really not that much of a headache as long as you have access to a printer. One form, check a box, scribble "TO THE IRS" on an envelope and jam it and your 1099 in and call it a day. Not a soul is going to bother checking the details anyway, since they already have the contents of your 1099.
- dmoy 3y ago> Not a soul is going to bother checking the details anyway, since they already have the contents of your 1099. the issue is for non-covered shares, where they don't have the full contents of the 1099.