I got Robinhood response a few days ago and not really a lot of help. Like you they as asking for further details on the calculation of the washed sales, but they missed my point that the calculation of the washed sales is correct, but once all stocks were sold all those should have been unflagged. This is what they responded:
"After reviewing your 1099, the document released appears to be in good order including the wash sale figures.
A disallowed wash sale loss occurs when a position is closed at a loss and shares, or options, of the same security, or substantially identical securities, are purchased within 30 days before or after the day of the sale.
When a disallowed wash sale occurs, the loss is added to the cost basis of the replacement lot and the holding period is subtracted from the acquisition date of the replacement lot, to make a new holding date. Note that this can cause the term to change from short term to long term in some cases.
You can find a list of your wash sales in box 1G of your 1099 tax document.
For more information about wash sales, check out our Help Center.
If you feel there is a transaction that is subject to a wash sale that should not be which is causing incorrect figures on your 1099, please provide a description of the transaction or a screenshot so I can further investigate.
We’re not authorized to give tax advice, so for specific questions about your 1099 tax document, including how to file it or how to calculate your cost basis and wash sales, we recommend speaking with a tax professional."
The issue that I keep insisting I have is that overall I had a loss of $75k and out of those only $6k are being considered a loss, the rest is being flagged as washed sales when I don't have any of those stocks since July. In the overall sum of the cost vs. proceed, you can see clearly that the cost of the stocks was $75k higher than the proceeds, so it shouldn't matter that if at some point wash sales were flagged, what it should matter is that at the end of the year, and after not trading any of those stocks for months, the loss should be accounted for because I no longer have those stocks to be able to consider any future cost and benefit from the sale.
(in case someone thinks I'm the worst investor on hearth to have a loss of $75k last year when everything was going up, I moved all my assets to crypto and made 3 times that the rest of the year... lol).
