HOPE2
Level 9
02-18-2022
03:12 PM
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Hi everyone. Client has short term numerous transaction and wash sale as well. I entered the amounts of proceeds, cost of basis and wash sale amount on 1099-B in Proseries the same as what the client gave me but the gain shows double on the program and does not match. I know I have to attach a pdf of all transaction to the return. Has anybody had this problem before?
Greatly appreciate this community like always
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Level 15
02-18-2022
03:34 PM
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Did you enter it in 2 different places? If you look at the 8949, is it shown on 2 different lines?
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HOPE2
Level 9
02-18-2022
04:42 PM
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Thanks for your response. I used Quick Entry on 1099-B and client has many pages that this is summary and I picked up the oldest date for acquired date. date.