Tax Prep by Deb Posted June 11, 2020 Report Share Posted June 11, 2020 Is there a way in Drake that I can enter the total Short-Term Transactions for stock's sold or do I have to enter each transaction? Quote Link to comment Share on other sites More sharing options...
Tax Prep by Deb Posted June 11, 2020 Author Report Share Posted June 11, 2020 Never Mind! I finally found how to do it on Drakes Website. Quote Link to comment Share on other sites More sharing options...
Catherine Posted June 18, 2020 Report Share Posted June 18, 2020 For anyone else still wondering - it's the D2 screen. Sorry I didn't see this before; I've been really lax in checking in here. Quote Link to comment Share on other sites More sharing options...
Tax Prep by Deb Posted June 23, 2020 Author Report Share Posted June 23, 2020 That is correct if there is no adjustments needed. I had some washed sales on the one I was working on. It is reported on the 8949 but you do not put in any dates, enter all the rest of the info and under adjustment #1 select m. I did attach a copy of the statements. The more I work with Drake the more I like it. You just have to keep looking and eventually you can find how to do it. 1 Quote Link to comment Share on other sites More sharing options...
Abby Normal Posted June 23, 2020 Report Share Posted June 23, 2020 If you have wash sales + multiple transactions, the code is 'MW'. You can have more than two codes. I believe my record is 5. And they have to be entered alphabetically (BOMW). 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.