I received my 1099B from my broker and it disallowed all of my negative transactions on the basis of them being wash sales. I closed all of my stock trades with this broker before the end of the year. I question is on the summary the proceeds value is $6400 less than the cost basis but is reporting a gain of $6100 on my taxes. The disallowed wash sales totals $12500. I thought the cost basis was transferred to the stocks purchased that caused the wash sale. At the end if I am showing a loss how can I be taxed on a gain?
