Problem with 1099 B entering total short and long term stocks: When putting in the total for short or long term stocks the sold date cannot be left blank, it shows error, is there a work around it? Also, down at the bottom it doesn't allow to select yes for attaching a file - it defaults to No, is there any instruction for this anywhere?
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I am not seeing a place to enter the date if you are summarizing total short or total long sales. I have just been entering Proceeds and cost basis as long as no wash sales were involved.
I use the worksheet "Form 8949 reporting exception transactions" no dates required.
I tried that, but at the bottom where it says attach a file Yes or No- it still defaults to No. One more thing for adjustment code I used code M to show a file is attached, that seems to turn off the error message but it didn't solve my second issue, which is attaching a file- yes or no....
I appreciate your answers, but I don't agree with it: if you use the summary line then you don't have place to put in wash sales. I always attach detail statements if I use totals, as It doesn't require that much work on myside and I don't like clients to worry about getting a notice letter in regards to their returns.