In general, I sell immediately after my RSUs vest and I have grants from multiple years that I sell just after every vesting date.
- If you are selling, and acquiring the RSU stock on the vesting date, any sales at a loss will become Wash Sales. If it's possible, can you sell your shares 31 days after acquiring new shares. That would help to resolve the problem.
It's not clear how they decide on which transaction to adjust because I have multiple transactions on every vest date.
- The IRS uses a FIFO (First in First out) method of accounting for stock transactions. So, if you sell at a loss the first shares you acquired from 30 days before, up to 30 days after will be the ones that get adjusted basis.
Example:
You sell 50 shares at a $1 loss. You purchase 75 within the wash sale window. The $1 is added to the basis of the first 50 shares. No adjustment to the other 25 shares.
You sell 50 shares at a $1 loss. You purchase 25 within the wash sale window. The $1 is added to the basis of the first 25 shares. The loss is allowed for the other 25 shares.
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