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March 1, 2024
Question

Wash sale of noncovered securities

  • March 1, 2024
  • 1 reply
  • 0 views

Hello, wonderful Community!

Looking for help entering a wash sale of noncovered securities into TurboTax online.

 

8/14/2023: I sold 552 shares of a stock at a loss.

9/1/2023 The same stock vested. 733 shares. (RSU vest). 189 of them were sold on 9/5 to cover the taxes.

9/1/2023. One more vest. 97 shares. 25 are sold on 9/5 to cover the taxes.

 

The 1099-B I received from my broker doesn't mention that it's a wash sale and puts base 0. I found the adjusted base in supplemental materials, but it doesn't reflect the wash sale. How can I correctly enter this information into TurboTax online?

 

Thanks!

 

 

 

1 reply

fanfare
Employee
March 4, 2024

For non-covered securities ( BOX B or E) showing zero (wrong) basis, enter the correct basis yourself.

Use code "B" and put -0- in col (g).

 

@_Elena_