Thank you for your response.
I have not yet started the import of documents to Turbo tax because I still need to collect a lot of documents but when I saw the 1099 from Robinhood my alarms rang because overall I had a profit of about 10k in stocks last year and with wash sales disallowed it's considering almost only the profits I made which goes to $160k. So unless I'm able to prove that I have not traded any of those stocks again and the wash sales loss disallowed should have already been lifted... I am looking at paying around $60k in taxes... for a profit of $10k. So this is how I know the calculations HAVE to be wrong, because I know the money I have on that account and it's not $160k.
I get that I would be screwed this year if I still had the stocks and potentially have that loss accounted for on the next year when I would sell the stocks, but that's not the case... if I don't have those stocks anymore there is nothing to carry any longer and the math needs to be resolved on the year that the final sale took place even if I have to do it manually.
I am just trying to confirm with some of the experts in the matter, that in the situation I have that I have not traded anything for months before the year end and I don't have a single of those stocks since August, how can I account for the loss I had.
Thanks
