topic Basic Question Is: Should Schedule D, Line 1a, Box D and E be directly from the 1099-B, Short Term Covered Total Proceeds and Cost or other Basis ? Or Should those entries be minus the wash sales? in Investors & landlords

Basic Question Is: Should Schedule D, Line 1a, Box D and E be directly from the 1099-B, Short Term Covered Total Proceeds and Cost or other Basis ? Or Should those entries be minus the wash sales?

wwthomp — Thu, 26 Feb 2026 15:33:49 GMT

Re: Basic Question Is: Should Schedule D, Line 1a, Box D and E be directly from the 1099-B, Short Term Covered Total Proceeds and Cost or other Basis ? Or Should those entries be minus the wash sales?

fanfare — Thu, 26 Feb 2026 20:46:06 GMT

Line 1a is reserved for transactions without adjustments.

details on a wash sale disallowed loss show an adjustment to be reported separately.

Re: Basic Question Is: Should Schedule D, Line 1a, Box D and E be directly from the 1099-B, Short Term Covered Total Proceeds and Cost or other Basis ? Or Should those entries be minus the wash sales?

fanfare — Thu, 26 Feb 2026 20:56:49 GMT

summarizing without details is restricted to Box A and Box D items with no adjustments.

otherwise IRS Instructions require details of your SELL transactions to be supplied on some Form 8949,
or on your other forms (e.g. consolidated 1099-B or spreadsheet) which have the same information and in the same manner as Form 8949.

@wwthomp