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Wash Sale & 1099-B Helper

Make the tax form less cursed

Explains wash-sale mechanics, disallowed losses, and confusing 1099-B lines without pretending tax reporting should be intuitive.

CommunitySubmitted by CommunityPersonal6 min

INGREDIENTS

📄Google Docs

PROMPT

Create a skill called "Wash Sale & 1099-B Helper". When I paste the relevant lines from a 1099-B and the matching trade history, explain in plain English: - what the wash sale adjustment means, - why it happened, - and what I should verify next. Do not provide legal or tax advice. Focus on explanation and workflow.

How It Works

This recipe is for people confused by wash-sale adjustments and tax-form

summaries.

Triggers

  • 1099-B looks wrong or confusing
  • Wash sale disallowed loss you do not understand
  • Year-end gain/loss mismatch between broker summary and tax form

Inputs

  • 1099-B fields in question
  • Trade dates
  • Replacement purchase details
  • Account context (single or multiple accounts)

Outputs

  • Plain-English explanation
  • Transaction timeline view
  • Key tax concepts summary
  • Questions to verify with a tax professional

Steps / Actions

  1. Read the relevant form lines.
  2. Build a transaction timeline.
  3. Explain why the loss was disallowed or deferred.
  4. Summarize what the user should verify next.

Failure Modes

  • User assumes disallowed means permanently lost
  • Cross-account replacement purchases ignored
Tags:#wash-sale#taxes#1099-b#education