If the Gains and Losses Report doesn't show any wash sale entries:
- Confirm that you have checked the Adjust for Wash Sales box prior to running the report.
- Confirm that your data file has the correct Current Tax Year value in the file name. For example, if you want to reconcile 2023 trades in a new data file, when creating the data file you should enter a current tax year of "2023", then import 2023 trades. If you were to enter a tax year of "2022" when creating the file, then import 2023 trades and attempt to run a Gains and Losses Report complete with wash sale adjustments for 2023, 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.
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Your trading may not have generated any wash sales.
See our online Tax Topics: Wash Sales and the active trader and IRS Wash sale Rule - How does it affect me?.
If you need assistance in resolving this problem, please submit an Online Support Request and attach the data file you are working on.
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