Investors & landlords

According to your numbers, the loss would be -$2.37.  There is $.80 unaccounted for from your entry.    Is there anything in any other box of the 1099-B that represents the $.80?   There is a box you can check to add other 1099-B items.  In the example below, I used your numbers and assumed the difference was a wash sale disallowance.   

We round each sales proceed and cost basis before computing gains/losses.   This is an IRS requirement. Therefore, the IRS allows for these discrepancies.   If you'd like, you can match your numbers with your 1099-B exactly by entering them manually by following the directions below.

Enter my 1099-B manually using the sales category?

1. Get your brokerage statements for reference (which includes your 1099-B).

2. Go to Your investment sales summary

3. Delete the 1099-B you just imported.

4. Select Add more sales.

5. On the Let's import your tax info screen, select I'll type it myself.

6. As you're going through the process, find and select Enter sales section totals.

From there, we’ll guide you through finding these sales section totals on your form and entering them accurately.