Skip to main content
April 16, 2021
Question

1099-B Discrepancy

  • April 16, 2021
  • 1 reply
  • 0 views

Hello,

 

My 1099-B lists a sale where the cost basis was 3.65 and the sale price was 3.61 but the 1g wash sale loss disallowed shows 0.05W. I believe it should show 0.04 right?

1 reply

fanfare
Employee
April 16, 2021

you'll have to write off that four or five cent loss.

tiny amounts - less than 50 cents - will round to zero and disappear from your tax return.