Hi thank you for the explanation. I understand the wash sale to work as you describe. For some reason last year, Turbo tax added up the capital gains, subtracted the capital losses and then added in the disallowed losses.
It sounds like you agree with me that if I exit all the positions then all I need to do is add up the sells and subtract what I bought them at to determine the capital gain (or loss). This way I can disregard whatever turbo tax does to disallowed loss.
The only thing I am adding to the mix is that I will repurchase the shares in my nontaxable account >30 days after the sale.
The nontaxable account will allow me to buy and sell without concern for the wash sale rules.
