Hi,
I have the following scenario
3/8 - Bought 3 shares of MSFT - Adjustment to cost basis - 136$
3/25 - Sold 15 shares of MSFT. Wash sale dissallowed loss - 476$
3/30 - Bought 4 shares of MSFT - Adjustment to cost basis - 95$
Fidelity right reported 3/25 as a wash sale. The triggering transactions were the buys on 3/8 and 3/30. However, there is a discrepancy in the wash sale dissallowed loss and the adjustment made the cost basis for the triggering transaction. They do not add up. I believe this is because of the discrepancy in the shares sold and bought.
Should I update the dissallowed loss while reporting my taxes to match the adjustment that Fidelity made to the cost basis for the buy transactions?
Thanks,
