Thank you for the info!! I am still unsure if an explanation is required and how to explain electronically.
The loss was in our taxable brokerage account.
The wash was created by a purchase in my Roth account.
So... Two different accounts (at the same brokerage) were involved in the wash. The brokerage was not aware of the wash and DID NOT document the wash on our 1099.
I have documented the wash against the sale in our taxable account (as you appear to suggest, in the Capital Asset Sales Worksheet).
So, my 8949 DOES NOT match the 1099 received... by the amount of the wash.
Will this alone create problem with the IRS? Do I need to somehow explain? If so, how do I do that electronically in TT?
Thank you!!
