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posted Jun 3, 2019 12:22:53 PM

On my 1099 B wash sale loss is added to the cost basis for the stock which was acquired through ESPP, should I report the same?

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Level 13
Jun 3, 2019 12:22:54 PM

I believe you are saying that you sold some shares at a loss and within the +/- 30 day window acquired more shares through the ESPP, creating a wash sale. 

If that's the case then, yes, the deferred loss gets added to the replacement shares that created the wash sale loss.  Check your 1099-B carefully; the broker may have already done that for you.

Tom Young