rjs
Level 15
Level 15

Get your taxes done using TurboTax

@de_prof2003  The problem with a disallowed wash sale amount less than 50 cents is a known problem, and has been reported to TurboTax. But you can easily work around it. However, you can't correct the problem in Smart Check, where you get the error. You have to go back to where the sale was entered under Investment Income > Stocks, Mutual Funds, Bonds, Other. KathrynG3 gave you step-by-step instructions to get there. Edit the sale and delete the wash sale loss amount. Don't enter anything. Just leave the box empty. In other words, since the wash sale loss is less than 50 cents, and would get rounded to zero anyway, you don't report it as a wash sale.