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Enter a wash sale

You can report wash sales on Form 8949 with the code
W
 in column
(f)
. Do the following to enter a wash sale:
  1. Go to the
    B&D
     screen or the
    Broker
     screen, both located in the
    Income
     folder. Only use the
    Broker
     screen for consolidated broker statements.
  2. From the
    B&D
     screen, open the
    Schedule for detail
     statement. From the
    Broker
     screen, open the
    Proceeds from broker transactions
     statement.
  3. Complete these fields:
    TSJ
    ,
    Type
    ,
    Desc
    ,
    Date Acq’d
    ,
    Date Sold
    ,
    Sales Price
    , and
    Cost/Basis
    .
  4. In the
    8949 Box
     field, select code
    1
    ,
    2
    , or
    3
    . The code you select depends on whether you reported the sale on 1099-B or not, and whether you reported the basis to the IRS or not.
  5. In the
    Adj to G/L
     column, enter the nondeductible loss as a positive amount.
  6. In the
    Adj Code
     column, select
    W
    .

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