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posted Feb 22, 2021 3:33:14 PM

Trouble inputting the information from my 1099-B into Turbo Tax. My Wash sale loss amount in this instance is 0.24 and it wont allow me to put in a value under 1.00?

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1 Replies
Expert Alumni
Feb 22, 2021 4:34:22 PM

If the wash sale was less than .50 cents you will need to leave the wash sale blank. 

 

You can make the adjustment on your wash sales to correct this by:

  1. Open your return in TurboTax.
  2.  In the Search box enter "wash sales".
  3. Select the Jump to wash sales link.
  4. You will see all of your entries for your sales of stock.
  5. Click on Edit next to the one you need to change.
  6. In box 1g of your stock sale, you can make your change.
  7. Select Continue and answer any follow-up questions.
  8. Once you have made your change, it will be reflected under adjustment for that particular stock sale.