Question

Form 8949 issues

Forum|Forum|3 years ago
April 11, 2023
1 reply
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Turbotax did not generate accurate Form 8949 which lists only lost with 0 base cost. It causes wash sales are to be treated as gain instead of lost. I have checked the numbers with my Form 1099-B and the errors are obvious. As a result, the Schedule D is incorrect. Is there any way to have complete Form8949 including all the transactions with actual costs and proceeds? Or is there any way to make correction manually?

DawnC

Employee

Yes, you can go back and edit any or all of your transactions. You look to be using the desktop software. Click on Forms and edit your entries directly on the form. Or you can edit them in the interview by searching for 1099-B and using the Jump to 1099-B link. Then click on Edit next to each sale to update the cost basis and dates.

How to enter wash sales in TurboTax

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