Qualifying Transactions

Transactions that qualify for aggregate reporting on Schedule D are those for which ALL of the following are true:
  1. You received a Form 1099-B (or substitute statement)
  2. The 1099-B shows that basis WAS reported to the IRS
  3. Does NOT show an adjustment in box 1f for accrued market discount
  4. Does NOT show an adjustment in box 1g for wash sale loss disallowed
  5. The Ordinary box in box 2 is NOT checked
  6. Is NOT a sale of collectibles
  7. 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.