@23for20 I think we need to go back and define a 'wash sale'.
1) when you sell a stock at a gain, there is no wash sale.
2) when you sell a stock at a loss, any purchase of that same or similar investment that occurs 30 days before the loss sale or 30 days after the loss sale (so a 61 day period), you can not report the loss on your tax return. Rather the loss gets added to the cost basis of the remaining investment.
3) now we are two years later, so clearly beyond the 30 days period after the loss occured. I am not clear if you are attempting to buy more or "cut your losses" and sell.
4) if you buy more now, it has no impact on your cost basis of the lots you already own from two years ago.
5) if you sell some now, you are able to recoginize the losses on the shares you sell. Remember that the cost basis has been adjusted from its original cost basis by the loss on the wash sale transaction of a few years ago.
would an example help?
