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412bbuck
New Member

Where can I find the "Adjustment Code" for wash sales?

Let's say I have a Proceeds of $10,200, Cost Basis of $11,000, Wash Sale Loss Disallowed Box 1g of $800, and Gain/Loss Amount of $200.

I select that I have information from Box 1G to enter. Do I enter the Wash Sale amount in the Box? It also asks for "Adjustment Codes" but I can't find those anywhere. How do I find the adjustment code?
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2 Replies

Where can I find the "Adjustment Code" for wash sales?

If you're dealing with a 2016 1099-B there's no need for any code entry.  Box 1g now reads "Wash sale loss disallowed" so all you need do is enter that dollar amount in the corresponding box of TT's 1099-B interview.

Tom Young


Where can I find the "Adjustment Code" for wash sales?

Yes, you would enter the wash sale amount in Box 1G that was reported to you by your broker.  The adjustment code for wash sales is just a "W".


You can find more information about the adjustment codes and entering them on the instructions below -

https://www.irs.gov/instructions/i8949/ch02.html#d0e763

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