Advantages of Using Form 8949 Exception 2 Statements

Using Exception 2 Statements provides the following advantages:

  • The statements may be used for paper returns, used by your Tax Pro, and also used in connection with Tax Preparation Software
  • You can perfect your data outside tax software
  • You can overcome tax software transaction import limits
  • You can avoid unnecessary checks and inputs required by your tax software
  • You can avoid rounding differences when tax software uses whole dollar values