To ensure these cross-brokerage wash sales transactions are properly recorded, you will need to enter them manually.
The good news is that you will generally not need to attach a pdf or written...
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To ensure these cross-brokerage wash sales transactions are properly recorded, you will need to enter them manually.
The good news is that you will generally not need to attach a pdf or written explanation. Instead, Form 8949 will take care of the required reporting to the IRS and it is triggered automatically when you input the information following the steps below:
Click on Wages & Income
Select Add more income
Scroll down to Investments and Savings and click down arrow
Select Stock, Crypto...(1099-B...)
Select Add investments, Add a different way
Select Stock, Bonds, Mutual Funds (1099-B)
Enter brokerage information, then Continue
In the "Tell us about the sales..." section, answer those questions, then Continue
In the "Now choose how to enter your sales", Continue
Here, you will reach the box below the sales section, I need to adjust my total cost basis, which is a box directly below the "Total cost or other basis..." box
Look for W (Wash sales) and check the box