1099-B (Broker Transaction) should consider wash sale loss disallowed

[shaomeng]

The current UI only considers "Proceeds" and "Cost basis" but not "Wash sale loss disallowed" on a 1099-B, which results in incorrect "Net gain or loss."

[zakpatterson]

Thank you! We'll work to get this in soon.

[shaomeng]

Thank you! We'll work to get this in soon.

I'm happy to help so please feel free to let me know if and how I could help :)

[zakpatterson]

If you have time that would be appreciated! Join the discord if not already and let us know if you have any problems getting started!

[zakpatterson]

Where should this data go? Does it subtract from cost basis and just affect schedule D or does a line need to be added to 8949 for it? Because I think either is possible with the current implementation, maybe we just need a note?

[shaomeng]

This data goes to the (g) column of Schedule D and it should be filed on a 8949 and copied to Schedule D. I'll look into Discord ;)

[tmm1]

Specifically wash sale transactions are listed on 8949 with adjustment code W

I would recommend that the 1099B datastructure add a list of transactions which flow into 8949