Retirement tax questions

When you edit your 1099-R there will be a box to check that says Allow me continue with incomplete information.  When you check that box you will get to the screen to enter your wash sale.  
 

  • A wash sale occurs when an investor sells a security at a loss for tax benefits.
  • The IRS instituted the wash sale rule to prevent taxpayers from abusing wash sales.
  • Investors who sell a security at a loss cannot purchase shares of the security—or one that is substantially identical to it—within 30 days (before or after) the sale of the security.