My young client just handed me 350 pages of 8949 activity due to "day-trading" crypto currency in 2025. What do I do? How do I get all that into a 1040 tax return?

Forum|Forum|4 months ago
February 19, 2026
4 replies
12 views

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ProSeries Professional

sjrcpa

Level 15

You hand ii back and tell him to pay for one of the services that will get it "tax return import ready"

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Accountant-Man

Level 13

Add up short and long terms and make two entries.

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B

BobV365

Level 3

I would summarize the Short-Term and Long-Term transactions and then attach a pdf copy of the pages of the 8949 form.

HyacinthClareAuthor

Level 3

All of you are saying much the same thing, but BobV365 seems most accurate to me. My client did give it to me in pdf format, so I can attach it to the return. I appreciate all of you because you're all in general agreement that all the tax return itself requires is the short-term and long-term totals. ProSeries Schedule D offers the option of attaching a pdf of the detail. What I knew I wasn't going to do was recreate 350 pages. One CPE class I attended about crypto, the teacher said a client brought a great stack of paper crypto transactions and said, "How much will you charge me to put all this on the tax return?" She replied, "$11 million dollars." When crypto first came up, I tried using excel. One year. Never again. Thanks, everybody.

ljr

Level 9

I don't use a client generated or prepared 8949 - get the report - I'm assuming this is coinbase. They can generate a report (it should give you gain/loss totals - input 2 lines - short term and long term

Skylane

Intuit Community Champion

Summarize in 2 entries and use f8453 to MAIL the 350 pages to the IRS with the transmittal. Lol

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