Does anyone have experience on how etrade report wash sale on 1099b?
The realized gain/loss amount on etrade 1099b seems have not taken into account of the disallowance of wash sale.
e.g.,
proceeds is $10,000
cost basis is $2,000
wash dale is $1,000
realized gain or loss is $8,000
The realized gain on 8949 shows $9,000 while it is $8,000 on etrade 1099b.
Can anyone confirm that that is how etrade reports trade with wash sales?
So, $9,000 is the correct realized gain to be shown on tax return, right?
Just want to make sure that the realized gain reported on etrade has not taken disallowance of wash sale into consideration.
Thank you!