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Level 3
March 5, 2021
Solved

Form 8949

  • March 5, 2021
  • 7 replies
  • 42 views

I have short-term sales with wash sales.  When I enter the summarized amounts for sales, cost and adjustments, the program requires me to enter a purchase date and a sales date.  It does not accept various.  I entered 12/31/20 for both dates and now these dates appear on the filed form 8949.  Is this OK?  Thanks for any direction you can provide to me.

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Best answer by Just-Lisa-Now-

Various for purchase, and whatever date for sale that you want to use.

7 replies

Accountant-Man
Level 13
March 5, 2021

VARIOUS works for purchase date, but not for sales date. I use 12/31 if I have to.

** I am "Elevating with Intention!"
Level 3
March 5, 2021

Thanks for your direction.  Much appreciated.

Just-Lisa-Now-
Intuit Community Champion
March 5, 2021

Various for purchase, and whatever date for sale that you want to use.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Level 3
March 5, 2021

Lisa,

Thanks for getting back to me on my question.  I appreciate your guidance on this one.

Level 2
March 7, 2021

If you use the code MW you do not have to input a sales date. Put the wash sale amount on the left of the entry line not the upper right.