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<< Thankx for your reply to the matter. But my question was that as the was sale in the above was only for 150 shares and I now buy 500 shares, so should I have 2 entries,

1. Showing the 150 shares adjsuted cost basis
2. Showing 350 shares without adjusted cost basis,


Can I club into one entry of 500 shares and putting the $1500 of adjusted cost basis and not splititng the transaaction. >>

You don't report anything on the replacement shares until you sell them, and then they look just like any other sale. The only time you report the wash sale is when you sell the original shares.

If this doesn't clear it up for you, please repost with the purchase and sale information you're concerned about.

Phil Marti
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