You can electronically import stock transactions (from a brokerage or CSV file), enter them in the TaxAct program, or enter them through Stock Assistant. The TaxAct program will complete Form 8949 Sales and Other Dispositions of Capital Assets for you and include it in your tax return submission. If you have more than 2,000 stock transactions, or you received a Form 8949, you can use the Form 8949 attachment option to report the summary totals.
If you have a brokerage account with a TaxAct-supported brokerage, you can import your transactions directly into your TaxAct return:
Create a Form 1099-B in TaxAct for each stock transaction:
If you obtain a CSV file of your transactions from your brokerage, you can import the file into the TaxAct program:
Stock Assistant is a TaxAct tool that allows you to enter multiple transactions at once using a spreadsheet style entry format. To access Stock Assistant:
The IRS allows taxpayers to file summary total amounts if their transactions are already listed on a Form 8949 statement. If you have a Form 8949 statement, you can enter the summary totals in TaxAct, and attach the Form 8949 statement to your return (if you need help attaching the statement to your return, go to our Form 8949 - Multiple PDF Attachments Required and Including Attachments With Return FAQs). If you have more than six statements, you will need to attach the rest of them with another method.
To enter your Form 8949 summary totals in the TaxAct program:
Note that any link in the information above is updated each year automatically and will take you to the most recent version of the webpage or document at the time it is accessed.