Qualifying Transactions
Transactions that qualify for aggregate reporting on Schedule D are those for which ALL of the following are true:
- You received a Form 1099-B (or substitute statement)
- The 1099-B shows that basis WAS reported to the IRS
- Does NOT show an adjustment in box 1f for accrued market discount
- Does NOT show an adjustment in box 1g for wash sale loss disallowed
- The Ordinary box in box 2 is NOT checked
- Is NOT a sale of collectibles
- You are NOT electing to defer income due to an investment in a Qualified Opportunity Fund (QOF) and are NOT terminating deferral from an investment in a QOF
Nonqualifying Transactions
Transactions that DO NOT qualify for aggregate reporting on Schedule D are those for which ANY of the conditions above are false. Transactions with wash sale adjustments are the most common situation.