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ajweise
New Member

What does it mean if on 1099-B turbo tax says I need to check because "Accrued market discount-97 should not have a value if a disallowed wash sale is present."

Another workaround is to stay is EasyStep - Federal Taxes - I'll Choose What to Work On - Investment Income:  Stocks, Mutual Funds (Update) and then find each of the problematic forms with the small wash amount (best done by comparing the form number given in the Smart Check) and eliminating the tiny number (less than $1) in the wash amount.  

 

This got rid of the errors and allowed me to e-file.  

What does it mean if on 1099-B turbo tax says I need to check because "Accrued market discount-97 should not have a value if a disallowed wash sale is present."

why are you clearing the Wash sale disallowed when it is the accrued  market discount field that is in error?

 

I understand a tiny wash sale disallowed causes other problems and must also be repaired..

What if the wash sale disallowed is greater than $1.00 ?

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