I have completely closed my stock positions (sold all, currently own 0). It has been 31 days and I had significant wash sales up until September 7.
Example:
Proceeds: 1000
Cost Basis: 1400
Disallowance: 2000
Gain/Loss: (400)
Question:
What are the impacts of selling my wash sale positions on the 1099-B?
Will the wash sale disallowed still be required for reporting or will the losses be recognized in my cost basis of the sold positions? How would I report the losses?
In the above example would I be required to recognized 1600 gain or (400) as a loss?
