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posted Mar 23, 2024 5:08:43 PM

"How do I enter the TOTAL "Wash Sale Loss Disallowed" amount from my 1099-B? I don't want to enter each sale individually. TT only allows me to enter Proceeds and Cost.

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1 Replies
Level 15
Mar 23, 2024 8:22:33 PM

On the screen where you enter the proceeds and cost, check the box that says "I need to adjust my total cost basis." That will give you a box labeled "Total adjustments to gain (or loss)" and a list of adjustment codes. Enter the total wash sale loss disallowed in the total adjustments box, and check the box for code W (nondeductible loss from a wash sale).