Investors & landlords

When sold at a loss, it's quite possible your triggering purchase of identical shares can become wash sale shares as well.

In that case your loss is denied again. and the basis again adjusts on some other identical shares.

 

@icnewer  Your best bet is to report what the broker gives on your 1099-B since that's what the IRS sees.
That's the whole point of going to covered transactions. aka Sales Category A,D.