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r/tax • … • u/cooper_trav

Summarizing wash sales on Schedule D / f8949

I get RSUs as well as ESPP shares through work. Due to being on several different vesting schedules compounded with the company selling shares automatically to cover taxes, as well as our company enforcing blackout windows, it is pretty much guaranteed I’ll trigger wash sales.

For 2022, I only had a couple, and they didn’t chain, so it wasn’t too difficult to figure out. However, I just sold the last of my shares for the year, so I decided to get a head start on figuring it out since I had quite a few lots with losses. Frankly it has gotten out of hand with the amount of chains, and splitting lots, I have to do. One chains from RSUs (which are non-covered) to ESPPs (which are covered), then back through several more RSUs. Which means I’m splitting up into multiple lots, switching between different 8949 forms (one with box a checked and one with box b checked).

In the end, I’ve sold all shares, and I don’t have anything else that vests this year so I won’t be crossing tax years. It seems crazy that I have to turn a dozen or so lines from my supplemental into over 50 lines on my 8949. This is just prone to error, and because you round on each line, it gets more and more inaccurate. Is there some way I can just summarize/aggregate all the lots?

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