For 2025, I realized a $10.96 disallowed wash rule loss. This happened because I repurchased shares just a few days after the loss. My new purchase was for 10,626 shares. Therefore, correctly, the $10.96 loss was spread across the NEW 10,626 shares. Obviously, the end result was an extremely tiny, less than 1 cent per share impact on the cost basis of the NEW shares. It was so small that it DID NOT affect the cost basis of the new shares...at all. I have given up on trying to figure out how to incorporate the tiny disallowed loss into TurboTax Premier 2025. Besides, even if I could, the end result was a loss of less than 1 cent per new share that did not change the cost basis of the new shares. I am not going to waste any more of my time trying to figure out how to properly account for the disallowed loss in TurboTax. Why bother? Anyone care to speculate if the IRS would even care that I failed to properly account for such a ridiculously small disallowed loss?
