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Get your taxes done using TurboTax
your broker will adjust the tax basis of the securities to account for the wash sales. so if you sell the securities in 2021 and do not create another wash sale(s), you will get the benefit of the loss disallowed in 2020. for most taxpayers net capital losses are capped at $3,000. there is nothing you need to do.
‎February 21, 2021
10:49 AM