i have a disallowed wash sale, however when entering the information for form 1099-B it doesn't give me the option to enter the was sale (only proceeds and basis)
what to do?
(turbo tax home and business)
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See the images below as a reference to enter disallowed wash sale on your 1099-B section
You need to select the box that says "I need to adjust my total cost basis", you will then see section W for wash sale
See image below for TurboTax Online
See Image below for TurboTax Desktop
putting an adjustment code against a sales summary will trigger a need to mail in 1099-B to the IRS. The other way to do it is to input the specific wash sale lot as a "one by one" sales item which has all the fields like your 1099-B and this sale will go onto Form 8949; and adjust your sales summary totals to exclude this sale so your Schedule D is then whole. This should remove the need to mail anything.
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