bg149
New Member

Investors & landlords

I will have to see if my brokers offer a 1099 unadjusted for wash sales for 2020.  If I can get one I will probably take the approach you are taking.  Report that net G/L amount on the PA schedule D and attach the “unadjusted for wash sale 1099” as support.   Which brokerage do you use?  I have some activity from Vanguard and some from Interactive Brokers.

 

When I ran into this problem in the past I simply made my gain on my PA state return the same as on my federal return.  If PA accepted my initial return saying I had a $60-some thousand dollar loss surely they weren’t going to give me much of a hard time reporting an amended $6k gain and paying them more in taxes.  Quite frankly at the time I was just so fed up with the whole thing.