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Get your taxes done using TurboTax
Super clear. Thank you. Sorry for the error in the original post. Appreciate very much.
Three follow up question: In reporting the wash sale in TurboTax, if the original shares in the 1st brokerage account are purchased on the same day in 4 lots: 50 shares, 50 shares, 25shares and 25 shares (timing of the purchase on that day is no longer available on the brokerage website), one should match the 1st 50 shares and first 25 shares with the 75 share wash-sale disallowed in brokerage 2, instead of matching the 1st 50 shares and 1/2 of the 2nd 50 shares? The prices were very similar.
Can one combine the 1st 75 shares to report the wash sale or does one have to report 2 separate entries - one 50 shares and one 25 shares?
Is there anything additional needs to be mailed to IRS in addition to TurboTax efile (knowing that brokerage firms will send 1099B to the IRS and TurboTax will automatically generated a form 8949 based on information entered)?
Thanks again for the advice.