Re: Schedule D and "See attachment"

Apr 04, 2008 3 Replies


I have numerous (thousands) trades in 2007, so I plan to just enter the


> totals from my 1099 and send the details in a printed attachment.
> Because I am using TaxCut which will print out the returns, where do I
> enter the term "See Attachment". Do I just handwrite it on the return?

I used TurboTax but TaxCut should be similar. In Schedule D line 1 column (a), I entered "See short-term sales" into the software, and entered the column (d) - (f) total figures from the attachment into the software. Likewise for Line 8 and long-term, sales. I left columns (b) - (c) empty, and TurboTax didn't complain. I put the attachments where D-1 would usually go.


This way, the tax software incorporates the figures properly in its computations. (The software allows "override," but I avoid that whenever possible.)


On the attachments, I put a page heading kind of like to what the software puts for attachments: name and social security number at the top, then "Schedule D, line 1" then "Short-term sales." Likewise for Line 8 and long- term, sales.


[Disclaimer: I'm not a tax pro, but am in the habit of paying taxes.]

And did your software print out a form 8453 with instructions of how and to where the form should be mailed?

ChEAr$, Harlan Lunsford, EA n LA

Thanks for the alert, but it's not relevant in my case.

news:Xns9A767C013AB03RCLQUSHB976@216.196.97.136...

Aren't we all :-(

Thanks for the detailed help.

Jeff

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