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Get your taxes done using TurboTax
Hi again,
I could not find my original post which was apparently on this thread, and since then, I have done a lot of investigation on my own. Consequently, I wrote another post today, in the credits section. I will repost it here, now, as it will give you a clearer idea of exactly my situation.
My problem involves a single wash sale. The prompt I received from TT online wants me check my broker's 1099-B to validate the amount disqualified and to enter the correct amount because they say that the amount shown is zero. Well, the disqualified amount was literally one penny (0.01) and Turbo Taxes computers round all amounts, so, apparently, it comes up as a disqualified amount of zero. A disqualified amount of zero cannot be correct because one cannot disqualify a non-existent dollar amount, so they want me to add a "correct" amount. If I try to enter 0.01 or .01, such entries are not accepted. In effect, the TT online worksheet provided to me refuses to allow me to add the correct amount. So what can be done about this situation? Is the best idea to simply ignore the error, finish the return, save a copy and edit the single, problem entry? Again, I would need desktop to do that. Thanks so much for your help : )