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Normally, taxation is quite cumbersome. The importance of the event puts some stress on the individual, and filling out the form can be challenging. Each character in the 8949 for 2024 matters at such a crucial moment, so filling out a printed out form may take a lot more time and effort than an electronic one. To make this process more efficient, use DocHub and complete your tax year effortlessly.

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Holding period must be LONG TERM or SHORT TERM or the transaction will not report to a form. Date Acquired and Date Sold must be actual dates. For the Date Sold field, entries of VARIOUS, BANKRUPT, or WORTHLESS are not accepted by the IRS.
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.
Enter all sales and exchanges of capital assets, including stocks, bonds, and real estate (if not reported on line 1a or 8a of Schedule D or on Form 4684, 4797, 6252, 6781, or 8824). Include these transactions even if you didnt receive a Form 1099-B or 1099-S (or substitute statement) for the transaction.
As you complete Form 8949, youll need a few different pieces of information, including the date you acquired the property, the date you sold the property, the sales price (amount the property was sold for), and the cost or other basis (amount you paid for the property plus any fees or commissions).
All information listed in Step 2 above must be reported for every individual crypto disposal on a separate line. In general, all transactions where you have sold a crypto asset must be reported on Form 8949. This also includes all crypto-to-crypto transactions since this is considered disposal by the IRS.
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Go to .FreeTaxUSA.com to start your free return today! ▶ See Instructions for Schedule D (Form 1040). ▶ For more information about Form 8949, see .irs.gov/form8949 ▶ Attach to Schedule D to list your transactions for lines 1, 2, 3, 8, 9, and 10. Note: You must check one of the boxes below.
If you are filing a joint return, complete as many copies of Form 8949 as you need to report all of your and your spouses transactions. You and your spouse may list your transactions on separate forms or you may combine them.

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