Reply To: 1099-B on individual stocks and wash sale reporting

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#2295
Kaye Thomas
Moderator

When the IRS gives explicit instructions how to report an item, it’s best to follow those instructions. You don’t have to think about how to explain things more clearly: they’ve programmed their computers to process the return properly if you follow their instructions. The right thing to do here is aggregate the 13 “clean” transactions and report that number directly on Schedule D, and list the two wash sales on Form 8949.