Thank you for your quick response. I did already sent a message to Robinhood asking the same question. I did the calculation on one of the stocks that I didn't trade a lot, since it was easier... and on the first batch of stocks I sold at a profit they used all that in the calculations of the profit/loss bucket, but when I bought back same stock within the 30 days... all that was sold on a loss they flagged it as washed sales, but here I never bought back again.... and all that loss was under wash sales disallowed. So at the end... imagine I had a profit of $100 when I sold for the first time, then a loss of $1000 when I sold the last time in Jul/Aug and all this loss was flagged as wash sales. On my 1099 for that stock what I see at the end is I have $1000 as wash sales loss disallowed and $100 profit. I was just trying to understand in a situation like this, if I should manually consider the $1000 as a loss and $100 as a profit and manually net it to $900 or I'm not allowed to do that until Robinhood provides an explanation or corrects the 1099? If I understand correctly how this works the $900 loss should have been added to the cost basis of the second tranche of stock in the moment of the sale, and I see that it didn't for the simple fact that in the final calculations the (cost - proceeds = wash sales + loss/profit)... and that would make sense if I still had the stocks with me, and the wash sales would carry on... but I haven't had any of those stocks for months... and unless I manually consider the wash sales in the total equation, or I will have to pay taxes on something I didn't gain a single buck a stopped trading months ago.
