RE: Fidelity Import RSU with Wash Sale Adjustments: WASH SALE 1099-B vs. WASH SALE SUPPLEMENTAL, TT IMPORT BUG?
For 1099 + Supplemental Information from Fidelity.
TurboTax seems to Import fields from both 1099-B body and the Supplemental Information.
For instance, the 1099-B body has $0 for wash sale box (1g) - with the Supplemental Information document showing a Wash Sale Disallowed field.
TurboTax LOGIC is ODD here. TT prompts to Enter "Exactly" what is on the 1099-B. That means $0 Basis and $0 Wash Sale Disallowed. It then prompts to Correct the Basis (to the Supplement Info). However, it does NOT prompt to Adjust the Wash Sale Disallowed field.
SO: Which TurboTax direction do I ignore?
I.E. : Do I leave the Wash Sale Disallowed value (that TT imported NOT from 1099-B but from Supplemental Info) ignoring its 1099-B Exact caution? or do I zero the Wash Sale field and allow the Fidelity Basis Adjusted to correct the wash sale?
Next Question: Why Match & Import the Wash Sale Disallow field from the Supplemental Info and then force the user to manually import the adjusted basis from it. What's the logic there?
