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State tax filing
Wash Sales
"The federal wash sale provisions do not apply for Pennsylvania personal income tax purposes. For Pennsylvania purposes, every transaction is considered separate and independent of any subsequent transaction."
After adding all you gains and losses for the year, the result on the federal should be equal to the result on your PA return ignoring wash sales,
EXCEPT FOR, any triggering buy(s) still outstanding at year end.
These should be few in number if not none.
Therefore on the PA return, supply the federal transaction detail.
Don't you agree ?
P.S. If your broker teams with Gainskeeper, you can get a report of transactions without wash sales accounted for.
March 4, 2021
5:48 PM