The IRS does track wash sales regardless of size, but amounts less than $0.50 are typically rounded to zero on tax forms (Form 8949) and in software. While brokers must report wash sales on Form 1099-B, tiny disallowed losses (e.g., less than one cent per share) are not likely to create a taxable difference or cause an audit.
Please see this TurboTax tips article for more information about the wash sale rules.
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