rjs
Level 15
Level 15

Get your taxes done using TurboTax

@Casey007 

 

Enter the total wash sale amount (the box 1g amount) in the "Total adjustments" box. The adjustment code for wash sales is W, so enter W in the box for adjustment codes. On Form 8949 TurboTax will put the adjustment code in column (f) and the adjustment amount in column (g). There will also be an adjustment code M, which indicates that you are summarizing multiple sales.


It's very unlikely that there would be any other adjustments on the brokerage statement. If there were any, you would see them somewhere in the transaction information. But if you're worried, call J.P. Morgan and ask them.