1099-B (Broker Transaction) should consider wash sale loss disallowed
shaomeng opened this issue · comments
The current UI only considers "Proceeds" and "Cost basis" but not "Wash sale loss disallowed" on a 1099-B, which results in incorrect "Net gain or loss."
Thank you! We'll work to get this in soon.
Thank you! We'll work to get this in soon.
I'm happy to help so please feel free to let me know if and how I could help :)
If you have time that would be appreciated! Join the discord if not already and let us know if you have any problems getting started!
Where should this data go? Does it subtract from cost basis and just affect schedule D or does a line need to be added to 8949 for it? Because I think either is possible with the current implementation, maybe we just need a note?
This data goes to the (g) column of Schedule D and it should be filed on a 8949 and copied to Schedule D. I'll look into Discord ;)
Specifically wash sale transactions are listed on 8949 with adjustment code W
I would recommend that the 1099B datastructure add a list of transactions which flow into 8949