Thank you Mike. Your answer made a lot of sense when I went back to look at those sales again. A few more generic questions -
1. For the amount listed as wash sale disallowed loss, they will be added somewhere later when I purchase the same stock. Correct? Say the total disallowed loss is $1000, then this $1000 will be added in the future cost basis.
2. If I have some transactions with a total share of 100 wash sale at loss total of $1000, say in an easy way to calculate, each share I lost $10. In the future, if I buy only 50 shares in the same year. Will $500 (50 shares' loss) be added to the new purchase 50 shares' cost basis? Or the whole $1000 be added to the new purchase's cost basis?
3. In the year where wash sale occurred, if I didn't have any more transactions, will the loss be carried to the following year?
Thanks again for your kind answers.
