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posted Feb 23, 2021 8:36:03 PM

I'm on the last part and trying to fill in disallowed wash sale loss but it's not letting me enter a decimal. Anyone know what to do?

I've also tried to print to manually enter and mail but that's not working either.

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1 Replies
Level 15
Feb 23, 2021 8:43:08 PM

If the disallowed wash sale loss is less than 50 cents it gets rounded to zero, so there is no wash sale. You can't correct the problem in Smart Check where it displays the error message. 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, leaving the box blank. That will eliminate the error. In other words, since the wash sale loss is less than 50 cents, you don't report it as a wash sale.