The situation is that all sells are loss, here is one example:
In broker account A:
1. 1/1/2020, buy 10 shares of XYZ at price $100, cost $1000
2. 1/2/2020, sell 10 shares of XYZ at price $80, proceeds $800, loss $200. it is wash sale due to next purchase after 1 day.
In broker account B:
3. 1/3/2020, buy 30 shares of XYZ at price $50, cost $1500
4. 1/4/2020, sell 30 shares of XYZ at price $40, proceeds $1200, loss $300.
5. no any more purchases or sells for stock XYZ in rest of year 2020 and year 2019, 2021 in all broker accounts
Is transaction #4 wash sale too as there is purchase 3 days ago(1/1/2020)?
I had $200 of wash sale on #2 and the adjusted loss is 0, and add $200 of disallowed wash sale amount to the cost of #3, that is $1500+$200=$1700, the final loss is $1200-$1700=-$500, is this correct?
If this is not allowed, How do I report loss to IRS?
