Thanks David. You are correct in stating the current transaction is the sale of the asset purchased that caused the Wash Sale adjustment. That being the case, does that mean the cost basis of the sale should be adjusted to add $54 to it? Or do I add an "Adjustment Amount" of -$54?
Example from 1099-B:
- Cost Basis = $14,695 (this amount was shown as $14,495 by mistake in original post)
- Proceeds = $15,476
- Wash Sale Loss Disallowed = $54
- Gain/Loss = $836
