Manually Entering a Wash Sale Deferral

To manually enter a wash sale deferred from last year:

1. Follow the instructions above for Manually Entering a Trade

    

2. Make sure you enter a date that matches an open transaction either open from last year or open in January of this tax year.

    

3. Enter a "W" in the open/close column to indicate a wash sale deferral.

    

4. Enter the number of shares for this wash sale.

   (i.e.: The wash sale deferral must be less than or equal to the number of shares of the open transaction that this is attached to.)

    

5. Enter zero for the price and commission.

    

6. Enter a negative amount in the amount column.

   (This is the actual wash sale loss being deferred.)

In the example above a wash sale loss of $742.17 on 170 shares was being deferred to 2006 due to 330 shares purchased on 01/21/2005 and held open at year end.