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jnice
New Member

On Form 1099-B on short term transaction where do I find the adjustment code on the form 1099-B?

 
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TomK
Expert Alumni

On Form 1099-B on short term transaction where do I find the adjustment code on the form 1099-B?

Enter the wash sale amount in Box 1G that was reported to you by your broker. The adjustment code for wash sales is just a "W".

https://www.irs.gov/instructions/i8949/ch02.html#d0e763

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2 Replies

On Form 1099-B on short term transaction where do I find the adjustment code on the form 1099-B?

you can't adjust the adjustment codes yourself. TurboTax will insert the applicable codes.
TomK
Expert Alumni

On Form 1099-B on short term transaction where do I find the adjustment code on the form 1099-B?

Enter the wash sale amount in Box 1G that was reported to you by your broker. The adjustment code for wash sales is just a "W".

https://www.irs.gov/instructions/i8949/ch02.html#d0e763

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