Hi, is there a rule on selecting the right purchase for a wash sale? For example:
1. 1/1/2018, Buy 100 shares of ABC for $1,000 from broker A
2. 1/1/2019, Buy 100 shares of ABC for $500 from broker B
3. 1/10/2019, Sell 100 shares of ABC for $600 from broker A
4. 1/25/2019, Buy 100 shares of ABC for $500 from broker A
5. 2/10/2019, Sell 100 shares of ABC for $600 from broker A
Broker A reported #3 as a wash sale on #4 and a lose of $300 on #5. Is it correct to report the wash sale as broker A reported, or the wash sale should be adjusted to the cost basis of #2 and report $100 profit on #5 instead?
