Question on how box 1g impacts total gain/loss on 1099-B.
total short and long covered and non-covered - Box 1d (proceeds):
202,038.30
total short and long covered and non-covered - Box 1e (cost basis):
202,112.67
total short and long covered and non-covered - Box 1g (wash sale disallowed)
778.75.
subtracting the 1st two boxes there is a loss of -74.37. This is what my 1099-B shows.
But TT has added box 1g to the loss and come up with a gain of 704.38, which I am required to pay taxes on.
Can you please explain if this is correct? Do I have a loss or a gain on this 1099-B?
Thanks
