The W represents a Wash Sale. A wash sale occurs when an investor sells a security at a loss for tax benefits. The IRS instituted the wash sale rule to prevent taxpayers from abusing wash sales. Investors who sell and then repurchase the same security within 30 days cannot count any capital loss on the transaction against any capital gain.
Are you posting a 1099-B. Box 13 is Bartering. The W does not make sense. Wash sale disallowed would be in Box 1g.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
