What if I have a wash sale loss of less than one dollar?
All dollar amounts on your tax return are automatically rounded to the nearest dollar. The IRS has asked us to do this.
If you enter a wash sale loss of less than 50 cents, we'll round it down to zero and report a $0 wash sale on your return, which is what the IRS expects in this case.
If you enter a wash sale loss of less than 50 cents, we'll round it down to zero and report a $0 wash sale on your return, which is what the IRS expects in this case.
