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February 23, 2021
Question

Disallowed wash sale amount is zero, should be blank. I change it but it refills with zero??? help 1099-B worksheet. I can't efile without this being corrected

  • February 23, 2021
  • 2 replies
  • 0 views
I cannot correct "disallowed wash sale amt". msg: Accrued market discount should not be 0. Enter blank if entire loss is disallowed. I blank it out but it repopulates.    This was not a wash sale. bought in July sold in december.

2 replies

February 23, 2021

I get the same thing. It is a bug in TT. Very annoying. The whole thing is very buggy this year. I think I can fix it in the print-out, which means I will have to print and send to IRS and cannot electronically file it. 

rjs
Employee
February 23, 2021

@papawpetty @scotthwerden 

You can't correct the problem in Smart Check where it displays the error message. You have to go back to where the sale was entered under Investment Income > Stocks, Mutual Funds, Bonds, Other. Edit the sale and delete the wash sale loss amount, leaving the box blank. That will eliminate the error.