I have a question about wash sale. When I sold part of my stock A, I triggered wash sale then I got an adjusted cost base for the remaining stock A, say, $1000.
What I found on the internet is that, if I close the position of stock A, I could recover the disallowed loss, which means I could use the adjusted cost basis (in this case $1000) to offset any gains I may have.
For example, if I have $4000 gains so far, after I close the position A, I would have a total gain of $3000. Am I right on this? Thank you so much.