Where do I enter wash sale loss disallowed in Summary Investment Sales Section? (not entering individual sales) Do I use Adjustment to cost basis?
Investment sales are too many to enter individually. The online info doesn't seem to work with Summary. Help! This is my first time using TurboTax.
042836
4 Replies
DavidD66
Expert Alumni
Mar 14, 2021 7:02:41 PM
Yes, you enter the wash sale as an Adjustment. After entering the summary totals, check the box for "I need to adjust my total cost basis". Enter the amount of the Wash Sale Adjustment, and mark the box W, (nondeductible loss from a wash sale).