We recommend using the Form 8453 method for e-filing with TaxACT®. That method has had best results for accuracy, especially on more complex reporting. Click here to view instructions for the Form 8453 method with TaxACT®.
The CSV import method has limitations and can only be used if:
Using TaxACT® Premier+ version (Online or Desktop).
There are less than 2,000 records or line items.
There is no negative cost basis adjustment line on Form 8949.
You do not need to include a Statement Explaining Form 8949 Differences and Adjustments.
Review your TradeLog data file and the Form 8949 report generated. If any of these limitations apply, you will need to use Form 8453 method to e-file or choose another method for filing - for more information about these limitations see our topic on Common e-File Problems.
If none of the above restrictions apply, please click here to continue on to the TaxACT® CSV Export instructions.