ekid666
New Member

Wash sale loss disallowed

Hello ( @DianeW777  or any expert)
In 2020 i had a substential wash sales loss disallowed on my 1099 even though I sold all the positions before end of year. resulted in big gain instead of net loss.

My mistake, I assumed Turbotax will account for this, it did not.
If i amend my 2020 taxes, it is too late to ask for refund.
Questions:
Option1: Can I use the 2020 wash sales loss disallowed as regular capital gain loss and deduct it from following years capital gains?
Option 2: Should i amend 2020 to show real capital gains losses and carry these over? (why is this different than option 1?)
What are my options ?
Thanks in advance