- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Thank you for the reply. I've been doing more reading on wash sales. Just to confirm, the broker is keeping track of the adjusted basis for the stock repurchased after a wash sale, correct? That is, I don't need to adjust any bases myself. If would have to adjust a basis, I can't see how I could know which ones to adjust assuming a first-in-first-out stock lot sales practice. Several of the stocks with wash sales have multiple sales, and I don't have the info to know which subsequent bases to adjust. Is this correct?
‎February 12, 2025
12:32 PM