Wash sales and Turbo Tax

Discussion in 'Trading Software' started by steffi, Feb 7, 2009.

  1. steffi


    Does anybody know if you need Turbo Tax Premier in order to be able to denote a wash sale?

    For instance Deluxe doesn't seem to allow you to denote a sale as a wash sale.
  2. KMAX


    I use TT pemier but I'm not at the point of recording Wash Sales but I know last year I used it to record Wash Sales. It can be done from what I remember. You can always call them and ask
  3. steffi


    Well looking at the actual form it generates in Turbo Tax Deluxe it does look like Wash Sales are denoted so I no longer have any concerns. It's just that it wasn't clear but it managed to obtain the information from my broker and has correctly marked the very simple Wash Sales scenarios that I have.