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bettyejwebb-yaho
New Member

Have a 0.02 disallowed wash sale loss. Program won't allow to fix . chose to ignore. now program keeps looping back and won't let me file. what do I do now?

 
2 Replies
Bsch4477
Level 15

Have a 0.02 disallowed wash sale loss. Program won't allow to fix . chose to ignore. now program keeps looping back and won't let me file. what do I do now?

Try using one dollar. 

rjs
Level 15
Level 15

Have a 0.02 disallowed wash sale loss. Program won't allow to fix . chose to ignore. now program keeps looping back and won't let me file. what do I do now?

You can't correct the problem in Smart Check. You have to go back to where the sale was entered under Investment Income > Stocks, Mutual Funds, Bonds, Other. Edit the sale and delete the wash sale loss amount. In other words, since the wash sale loss is less than 50 cents, you don't report it as a wash sale.

 

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