Recent content by hj071

Thanks, JackR! I'm going to try importing the trade data (8949) and manually entering 1099 information into the tax software and see if it works. Normally, the software gets lost with the wash sales data and doesn't calculate it properly. At that point, you're left on your own to figure...

I haven't received 8949 from IB yet but 1099-B was ready. 1099-B in itself is confusing without the trade history or gain/loss statements.

Does anyone here knows how to import IB's trades to TaxAct? It will accept .csv file but not sure if it's going to prepare 8949 same as what is provided by IB. For some reason, TaxAct software does not allow to upload .pdf form 8949 provided by IB to calculate Sch D.