TodS
Level 2

Get your taxes done using TurboTax

@DianeW777 Thanks for the reply.  Let me get more specific to make sure I am seeing this right.

 

8/31/23 Bought (by reinvestment) 98.245 shares in Account A

9/5/23 Sold 1500 shares from Account B for an apparent loss (face value loss; proceeds less original cost basis of those shares) of $1275 or $0.85/share loss.

As I see it, 98.245 x $0.85 = $83.51 of the loss would be disallowed and $1191.49 of the loss would be allowed.  The basis of the 98.245 shares in Account A get increased from their total purchase price by the $83.51.

Is that correct as you understand it?

 

From there, I am wondering about how in Windows desktop TurboTax I get that 83.51 wash sale adjustment entered without compromising the accuracy of the brokerage provided 1099-B form.