Question

Fidelity 1099-B Import From my tax document, I show a realized loss of 983.45 From the import, I show a realized gain of 364 How to modify in total, vs. individually?

Forum|Forum|5 years ago
March 18, 2021
1 reply
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I obviously would like the loss, however, it is 34 pages of detail. The total proceeds and total cost basis match within a dollar or two - but the realized gain/loss is more than $1300 off. What do you recommend?

TurboTax Premier Online

WendyN2

My recommendation to you would be to enter the totals lines for each category of transaction from your brokerage statement(s), one for L/T net gains/<losses>, and one for S/T totals, also for wash sales). That way, you only have the totals line items as "transactions" - the IRS truly only cares about whether L/T or S/T and the net gain/<loss> for each.