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Level 3
February 22, 2021
Question

Sales Date Schedule D

  • February 22, 2021
  • 3 replies
  • 36 views

What sales date do you use on Schedule D if you are attaching a 1099-B as a PDF with adjustment code M (multiple transactions)

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3 replies

N411BCAuthor
Level 3
February 22, 2021

Answered my own question.  That is what Code M does

Level 3
February 25, 2021

But if you have a disallowed wash sale loss, it won't let you use the 'M' code... so I'm not sure what to about the 'Date Sold'...? Under 'Date Acquired' it will accept 'Various' but not under 'Date Sold'.

sjrcpa
Level 15
February 25, 2021

People are using 12/31/20 or some other date of their choosing.

The more I know the more I don’t know.