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Disallowed Wash Sales over Two Submitted Brokerages

Did you get my last couple messages?

Disallowed Wash Sales over Two Submitted Brokerages

you can use "various" when you sell shares with different purchase dates all at once.

the cost reported is the total cost of all those shares.

or the average cost if you are tracking shares with average cost method.

so your interpretation is correct.

I'm surprised a 1099-B from broker or other financial institution would report that way.

 

Evidently TurboTax is also since it is making you review it.

@PJhiker 

Disallowed Wash Sales over Two Submitted Brokerages

Thanks. Yeah me too. It looks like I'm going to have to manually enter that for a bunch of mine as well on Turbo Tax.

Disallowed Wash Sales over Two Submitted Brokerages

doing it that way simplifies reporting

But not if TurboTax does not support it automatically.

Disallowed Wash Sales over Two Submitted Brokerages

Agreed, they don't other than having another button to select that option.

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