If I'm deducting my losses from a wash sale on form 8949 what do I put in column H? The amount of the purchase, the loss or the difference between the two?

lmontoya73 · ‎March 3, 2021

DaveF1006 · ‎March 3, 2021

It depends. Looking at the 8949, it's the amount of the purchase MINUS cost or other basis and COMBINE these with the amount of the wash sale adjustment. What ever amount is calculated in reported in column H.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

fanfare · ‎March 4, 2021

hey a "wash sale loss disallowed" means you took a loss.

The loss disallowed is always positive and it is added to your loss,

you will then report a smaller loss or no loss on that transaction.

Expert does your taxes

Do it yourself

Resources

Support

If I'm deducting my losses from a wash sale on form 8949 what do I put in column H? The amount of the purchase, the loss or the difference between the two?