All Things Tax

All Things Tax

Like the title says, from the filing process and tax questions to tax policy and reform, you can search and share All Things Tax here. This is the place to find answers to all your general questions that don't fall under the other categories. And just a reminder: questions about software or online filing should be posted in DIY Products.

Reply
Pioneer
Posts: 2
Registered: ‎01-02-2018

1099B

Can you tell me if premium software lets me enter a large total number for stock sales. Have too many trades. Will it accept a sales proceeds number of 100,000,000?. i want to basically input the totals. I assume a import may have to many transactions. The IRS gets the entire stock details from brokerage firm.

Highlighted
Tax Pro
Posts: 6,070
Registered: ‎02-23-2016

Re: 1099B

Hi downbull,

 

 

 

I was able to get you an answer on this one.  The software will go up to $9,999,999.  It won't go beyond that.

 

 

 

If you have any other questions I'll be glad to help.

 

Louis,

Senior Tax Advisor (Tampa, FL)