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Get your taxes done using TurboTax
@23for20 you presentlly hold shares with a tax basis higher than their market value. so you would incur a loss if you sold them. Thus the wash sale rule will be triggered if you buy additional shares either 30 days before the sale (trade sate) or 30 days after. A wash sale can occur even if the original shares are sold in 2023 and additional shares are purchase in 2024 but within the 30 days.
‎November 29, 2023
10:47 PM