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March 3, 2024
Question

For 2023, how do i adjust details of stock wash sales for filing as "trader status", like in prior years

  • March 3, 2024
  • 1 reply
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why does Turbo Tax 2023 not show detail stock transactions after downloading from a brokerage?

1 reply

fanfare
Employee
March 4, 2024

A couple of years ago, TurboTax changed the processing of Form 8949 in an undocumented way.

TurboTax takes advantage of Detail Reporting Exception for Box A,D and suppresses some line item details.

 

Based on prior forum complaints about this. it's not clear exactly what rule it is using, and there is no way to force TurboTax to list all transaction details on Form 8949, as allowed by IRS (required for MTM Traders).

 

If that's what's happening you should have seen this problem last year also.

 

@Jonfatica