User Guide


The report doesn't show any wash sales.

If you have run the Gains and Losses Report and you don't see any wash sale entries:
  • Confirm that you have checked the Adjust for Wash Sales box prior to running the report.
  • Confirm that you have selected the Stocks, Options & SSFs radio button prior to running the report. The IRS Wash Sale Rule only applies to stock and options trading, not currency or futures trading.
  • Confirm that your data file has the correct Current Tax Year value in the file name. For example, if you want to reconcile 2010 trades in a new data file, when creating the data file you should enter a current tax year of "2010", then import 2010 trades. If you were to enter a tax year of "2009" when creating the file, then import 2010 trades and attempt to run a Gains and Losses Report complete with wash sale adjustments for 2010, the report would not contain any trade details or wash sale entries.
  • Confirm that you have imported all trades for the current year and all trades executed in January of the following year.
  • Your trading may not have generated any wash sales.
If you need assistance in resolving this problem, please submit an Online Support Request and attach the data file you are working on.