DaveF1006
Expert Alumni

Get your taxes done using TurboTax

It depends. The number of shares is immaterial if it is Substantially Similar Stock. In IRS Publication 550, it gives several examples of Wash Sale transactions and how losses are applied. 

 

If you lost money from your Schwab account, then the total loss would be $3.36 as illustrated in your example above. 

 

@Kkulkev21 

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