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Tax Year Prior to 2020: Does turbotax allow me to add a wash sale loss to the cost basis of an espp lot purchased at a discount and properly account for the compensation income?
Purchased stock A as standard stock purchase, then I sold it for a loss, but within the 30 day period I purchased more of stock A under an espp. I sold both lots. I believe the cost basis should be adjusted for the espp lot and the compensation income should be reported, but then the cost basis should be adjusted again to add the wash sale to it. How do I adjust the cost basis to account for the wash sale and also adjust it for the compensation income?
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‎June 6, 2019
12:17 AM