My 1099-B lists a number of line items that have a Wash Sale Loss Disallowed (positive number) with a Gain/Loss (positivie number). Is this ok? I thought a line item indicated as a Wash Sale could not have a positive gain with a Wash Sale Loss Disallowed that also has a positive number.
Example from 1099-B:
- Cost Basis = $14,495
- Proceeds = $15,476
- Wash Sale Loss Disallowed = $54
- Gain/Loss = $836
