TomYoung, would you know how to account for a Wash Sale Disallowed Loss resulting from exercising options that are Non-Qualified Stock Option Share grant type? I know I adjust the cost basis to arrive at the Adjusted Gain or Loss of my 1099B. Usually that amounts to the commission and fees as a short term loss. I am not sure how to account for the Wash Sale Disallowed Loss.
The brokerage firm's supplemental information form shows a Wash Sale Disallowed Loss of $7.01 and an adjusted Loss of -$7.01. Would the adjustment be zero to account for the disallowed dollar amount (which happens to be the same as the adjusted loss)? I have another sale that isn't the same amount. Wash Sale Disallowed Loss of $2.58 and adjusted loss of -$20.72. That seemed odd.
If you know how to enter properly, I would greatly appreciate the guidance! Thank you.
