utah-arizona-ta xlady
Level 7
02-25-2021
05:03 PM
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Yes Lisa you can do that but if you are attaching the details from the 1099-B so you don't have to put in 70 transactions then the program won't let you do that. What I did was the the wash sale in the other adjustment column and coded it M (for the attachment) and O (for other adjustment) then I added a note printed with the return saying it was the disallowed wash sale. That adjusted the capital gains to the correct amount. We will see what happens with the IRS.... 😟