Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- ProSeries Tax
- :
- ProSeries Tax Discussions
- :
- Mutliple Wash sales entry..
Mutliple Wash sales entry..
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
linduca1216
Level 7
03-23-2025
03:49 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Typically I enter each wash sale on the 1099-B worksheet.
Now I have a situation where I've already see 26 and am not yet done counting. All the transactions have a reported basis.
What's a way to work around this? Do some of you just enter a total?
Labels
2 Comments 2
dascpa
Level 12
03-23-2025
06:37 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
There is no requirement to enter each one individually. You can use something like Short-Term Covered Sales with a 12/31/24 date for sale and Various for purchase, then put in grand total for sales price, cost basis and wash sales. Note, this doesn't work for accrued market discount items. Those have to be entered individually.
