BobKamman
Level 15
03-08-2023
11:59 AM
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I subtract the wash sales total from the cost total and enter it on the A and D section. All that IRS looks for is the proceeds total to match. You can do it your way, if you prefer. Mostly it's clients who aren't trading themselves -- they're paying the broker 1% a year so they can lose 6% and not just 5% on their money.