Hal_Al
Level 15

Investors & landlords

@Mike9241  said "the broker deems the sale of the 1st two lots as wash sales with all the loss being reflected on the 3rd lot sold"

 

Yes, that's how it usually works. But, what may have happened is that what the broker reported on the third sale did not include the adjusted basis for the  previous wash sales. You may have to make an adjustment when you enter the 1099-B in TT.