Thanks again.
Schwab said they merely compare CUSIPs within a single account to identify wash sales. And the CUSIPs need to be identical between two transactions. So they will miss wash sales involving Berkshire Class A and Class B shares, between preferred and common shares, across accounts, and across brokerages, (obviously). So, in general, I do not deem Schwab sufficient.
Regarding the main two factors: When I roll a short OTM call option I always have a different expiration and/or strike.
It sounds like the assertion is that no two short CALL options on a single underlying such as PEP are substantially identical if they differ in expiration or strike.
Any idea whether there are any experts or tax attorneys or tax persons disagree and file otherwise?
Thanks again.
