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Wash sale adjustment
Hi
I have transaction reported with Wash Sale in 1099, with adjustment amount $669 reported in col 'g', I have sold all the repurchased security in the same year and broker has adjusted cost basis of repurchased securities which seems correct. Broker statment shows reliazed gain of $9689 with new cost basis as this is not a wash sale, but total capital gain reported by turbo tax is $10,358, when I check 8949 sheet looks like adj in col 'g' ($669) is getting added at the end which causes total gain $9689 + $669 = $10358, this doesn't seem correct. Can you please suggest how to fix this? Do I need to change col 'g' to $0 and make cost basis same as proceed for the transaction which has wash sale reported?
thanks
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May 12, 2021
2:49 PM