jtax
Level 10

Investors & landlords

You are correct. This is not a wash sale. 

 

Below is how you can get to adjustment code L outside of the interview process. Beware that going outside of the interview voids the TT correct calculation guarantee and could miss some things.

 

I express no opinion about whether code L is appropriate in your circumstances.

 

If you are using the desktop TT it appears you can go into forms mode and set adjustment code L in the "Cap Asset Sales Adjustments Worksheet" 

 

Start in the Capital Asset Sales Worksheet check the checkbox next to "check top use worksheet"

 

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then click on any of those boxes and the magnifying glass (or just double click) to get to 

 

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and down in Part III, you will find the code L adjustments

 

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