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Get your taxes done using TurboTax
I've made a slight adjustment to the way I described the calculation on the tax return for case B, but the intent is the same. Because all of the shares are sold, the additional basis applied to the sale of all of the shares is cancelled out by the disallowed loss. The net effect is the same as if there was no wash sale, but it's still a wash sale.
May 29, 2019
5:01 PM
2,680 Views