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Deductions & credits
I entered a wash sale in TurboTax (manually) using your numbers and it was not reported as a $1,000 capital gain. It was reported as zero gain, which is correct.
It's not clear what you mean by "the final result." Where exactly do you see the $1,000 capital gain - on what form(s) and what line(s)? If you are seeing it on a TurboTax screen, what is the heading or title on the screen? Post a screen shot if you can (but exclude any personal information).
Check the imported 1099-B information. Sometimes errors occur in importing. On Form 8949 are the proceeds and basis in columns (d) and (e) correct? Is there an adjustment code W in column (f) and an adjustment amount of $1,000 in column (g)?
‎February 18, 2024
10:17 AM