I am working on my 2022 federal return. In April 2022, I closed out a broker managed investment account, incurring some losses in the process. The account included some portfolio balancing buy transactions just before I sold everything and closed the account. Specifically, I had several 3/10/2022 buy transactions just prior the 4/5/2022 account closing sell transactions. Several of of the close out sells generated losses. Thus, I expected to see my 1099-Bs show corresponding "wash rule disallowed" amounts for the loss sales. However, none of the 3/10/2022 buy transactions trigger wash rule flags in 1099-Bs.
Am I failing to understand wash rule triggers or has my broker failed to correctly apply the wash rule?
