Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Do I have to enter every transaction on Schedule D for individual income tax returns, or can I use summary statements?

April 26, 2017enter individual returns schedule statements summary transaction

0

Posted

Do I have to enter every transaction on Schedule D for individual income tax returns, or can I use summary statements?

1 Answer

0

Posted

You can include summary statements in the electronically filed return. Since our e-file process is paperless, we do not require you to mail us the supporting details for these transactions when the return is filed. If we need the detailed transaction information, we will request it.