Articles on: Reports and Filing

My Form 8949 Is Too Large for TurboTax — What Should I Do?

Active Solana traders can generate thousands of transactions in a single year. DeFi swaps, staking claims, NFT trades, LP positions — they add up fast. When your Netrunner Form 8949 is too large for TurboTax to accept, you can enter your totals manually instead. This is fully IRS-compliant for high-volume filers.


Before You Start

Download your Form 8949 PDF from Netrunner. You'll need the totals from the first page (short-term) and second page (long-term) to complete the steps below.

Go to Taxes → Download Tax Report → Form 8949 (PDF).


Step-by-Step: Enter Totals Manually in TurboTax Online

Step 1 — In TurboTax, use the search bar in the top right corner. Search for 1099-B and click Jump to 1099-b.


Step 2 — Click Add investments.


Step 3 — Click Enter a different way.


Step 4 — Click Type it in myself.


Step 5 — Select Stocks, bonds, mutual funds and click Continue.


Step 6 — Under Bank or brokerage, type Crypto and click Continue.


Step 7 — Select Sales section totals and click Continue.


Step 8 — Select Short-term basis not reported to IRS (noncovered).


Enter the totals from Page 1 of your Netrunner Form 8949:

  • Proceeds — your total short-term proceeds
  • Cost Basis — your total short-term cost basis

Click Continue.


Step 9 — Click Add another sales total.


Step 10 — Select Long-term basis not reported to IRS (noncovered).


Enter the totals from Page 2 of your Netrunner Form 8949:

  • Proceeds — your total long-term proceeds
  • Cost Basis — your total long-term cost basis

Click Continue.


Step 11 — Click Continue. TurboTax will prompt you to upload a supporting document. Try uploading your Form 8949 PDF here. If it still fails due to file size, skip the upload — see the mailing note below.


Step 12 — TurboTax will display your total capital gain or loss for the year. Cross-check this number against your Netrunner Capital Gains Report.

If the numbers match, you're done with this section.


What to Do With Your Form 8949

Since TurboTax couldn't accept the full file upload, the IRS expects you to mail your Form 8949 as a supporting document after e-filing.

To mail your Form 8949:

  1. Print your Netrunner Form 8949 PDF
  2. Write your name, SSN, and tax year at the top of each page
  3. Mail to the IRS address for your state after e-filing your return

Find your state's IRS mailing address at irs.gov/filing/where-to-file-paper-tax-returns.

Regardless of whether you mail it, keep a copy of your Form 8949 on file. The IRS can request supporting documentation, and your Netrunner report is your audit trail.


Don't Forget: Staking and Other Income

Capital gains are only part of your crypto taxes. Staking rewards, airdrops, and DeFi yields must be entered separately — they don't appear in Form 8949.

In TurboTax, go to:

Wages and Income → Less Common Income → Miscellaneous Income → Other Reportable Income

Use your Netrunner Income Report for the totals. Add a separate entry for each income type (staking, airdrops, etc.) if you want to be granular, or combine them under a single description like "Crypto income — see Netrunner income report".


Frequently Asked Questions

Is entering totals instead of individual transactions IRS-compliant?

Yes. The IRS allows summary-level reporting when the detailed Form 8949 is submitted separately. This is standard practice for high-volume filers.

What if I have both gains and losses in the same category?

Do not net them. Enter gross proceeds and gross cost basis separately. TurboTax calculates the gain or loss from those figures.

What if I only have short-term or only long-term transactions?

Only enter the category that applies. Skip the other.

Where do I find the totals on my Netrunner Form 8949?

The short-term totals are on Page 1, the long-term totals are on Page 2, in the summary row at the bottom of each section.


Need Help?



This information is for general educational purposes only and does not constitute professional tax advice. Consult a qualified tax professional for your specific situation.


Updated on: 07/04/2026

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