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Level 1
posted Feb 5, 2021 7:19:54 AM

My TD Ameritrade document shows a short sale loss of $577.00 that also shows "not allowed" and "not reported to IRS" what do I do with it???

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1 Replies
Expert Alumni
Feb 7, 2021 1:48:00 PM

These losses met the Wash Sale treatment and are not deductible. 

 

You do not need to enter them into TurboTax.

 

Short Sales Not Deductible