- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Adjust TT for undocumented (not captured on 1099) wash sale of stock
I created a wash sale by purchasing shares in my Roth account after selling for a loss in our taxable account.
For the sake of this discussion, the disallowed amount of the loss is $500.
I downloaded my brokerage file into Desktop TT Premier.
What and how do I need to adjust my TT file to document the wash (disallowing $500 of our loss)?
Note: Since the purchased shares (creating the wash) were in a Roth account there's no need/benefit to adding the wash amount to the basis of the new shares.
4 weeks ago