GeorgeM777
Expert Alumni

Get your taxes done using TurboTax

Yes, that's right.  If the disallowed loss from the wash sale was added back to your subsequent purchase of the stock, then you can enter your cost basis as it appears on your 1099-B, and then make the adjustment to cost basis to account for the fact that the disallowed loss was added back to your cost basis.  

 

Keep your 1099-B and the Supplement because both documents support your entries on your tax return. 

 

@kamal444 

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