I am on F-1 Opt and I have multiple 1099-B and 1099-Div ( ESPP via Charles Schwab, personal transactions via Robinhood). How do I report same stock through these on 8949?

[kmaini88]

I am on F-1 Opt and I have multiple 1099-B and 1099-Div ( ESPP employee stock purchase plan via Charles Schwab, my personal transactions via Robinhood, etc). How do I report the same stock on these different 1099-B on 8949? As in different brokers for same stock doesn't count towards Wash-sale?

Appreciate any help. I do realize that I need to fill 1040NR-EZ from Sprit Tax partner of Turbo Tax.

[TomYoung]

Your entry of the trades off the 1099-B's puts those trades on the appropriate Form(s) 8949.  If you recognize that you have a wash sale loss you'll have to click on the "Guide me step by step" button and then select the "uncommon situations" option.  Continue with the interview and at some point TurboTax will ask you if you have a wash sale.  TurboTax is not sophisticated enough to recognize that you might be in a wash sale loss situation.

With stocks sales you can't file Form 1040NR-EZ as that form doesn't support the reporting of capital gain and loss.

Tom Young

[kmaini88]

Thanks for replying to that. So, being a Non-resident with this situation, I would need to file 1040NR then? Also, what I meant to ask was that if reporting transactions on 8949, does it matter if same stock is bought/sold with 2 different brokers? For each I just report transactions and I do not need to combine them with the transactions from second broker? Obviously, all transactions from the same broker on a stock for 30 days are reported together at a place.