@hiddenpower wrote:
I'm doing some tax loss harvesting between accounts and this is my first time with multiple brokers so I was wondering if it would be handled automatically?
TurboTax will handle this scenario automatically in the sense that the program will use capital losses to offset capital gains, the fact that tax reporting statements are entered from different brokers notwithstanding.
However, the program will not automatically handle wash sales between different brokers; you need to track wash sales that may occur as a result of having more than one brokerage account yourself.
