bmprakash
Level 1
03-22-2022
06:50 PM
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Hello Team,
BYPASS8949 adjustment code is consolidating all my capital gains into 1040D form.
This problem has not occurred in another account from same broker, which also does n't have any wash sales. All entries from this account were copied to 8949 form as needed.
We have moved from Michigan to Texas mid year and all the gains consolidated need to be deducted from reporting in michigan capital gains & I want them to be reported in 8949 like other account - stock sales.
Adding 0.01 generates W adjustment code, but not sure if i am ok to do that.
Please advice, how to avoid this BYPASS8949 code?
Best Regards
Bhanu.