AmyC
Expert Alumni

Investors & landlords

No. Wash sales have 2 entries - one as a sale where you did get money, one as a disallowed loss for tax purposes that adds to the basis of the replacement shares.

  • Wash sales are included in the total proceeds box to match up with the IRS figures. Enter the full sum in 1d.
  • Enter total costs basis from box 1e - including the wash sale sold
  • Wash sale loss disallowed are a separate line entry -box 1g on your 1099-B.

Sch D will take (box 1d minus box 1e) plus box 1g to determine your taxable amount.

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