1099-B Confusion and Adjustment Codes

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When filling out the 1099-B info on TurboTax, I chose to enter in a summary since I have a lot of transactions. However, I'm having trouble as to how I should fill out the rest of the information. My 1099-B looks as follows:

[1d] Proceeds $29000.00
[1e] Cost or other Basis $30000.00
[N/A] Total Gain/(Loss) ($500)
[1g] Wash Sale Loss Disallowed $7.00

After filling out the easy stuff in TurboTax, I checked the box where I need to enter "amounts from box 1f, box 1g, or other adjustments". It brought down the following boxes:

Total adjustments to gain or (loss) ___________
List all adjustment codes ___________

Do I just add the [N/A Total Gain/(Loss)] and the [1g] box together [so $-500 + $7] to get the Total adjustments to gain or (loss)? For the adjustment codes, I think I use an 'M' since it is a summary and a 'W' since I'm also including a Wash Sale. Would someone be able to please clear this up for me? Thanks in advance!

DianeC958Answer

Alumni - Intuit

No, when you enter summary information TurboTax figures the amount of Gain/Loss. The only adjustment you enter is the $7 for the Wash Sale and the Code is W.

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DianeC958Answer

Alumni - Intuit

No, when you enter summary information TurboTax figures the amount of Gain/Loss. The only adjustment you enter is the $7 for the Wash Sale and the Code is W.

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EricCompressor

Level 2

That's great that you know that code is a W!! On my Edward Jones statement, there are no codes that I can find. So do they use W for wash, G for gross proceeds, C for cost basis? Where do you find the hidden codes?