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Does cost averaging contribute to wash sales?
For example, a stock had a price of $10, and fell to $8 a month later.
I bought 1 stock at $10 on January 1st.
I bought another 1 stock at $8 on February 1st (cost averaging).
Then, the stock increased to $9 later.
I sold both stocks at $9 on February 15th.
I bought the 2nd stock (the one at $8) less than a month from the time I sold both the stocks. Does this contribute to wash sales?
Thank you!
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‎September 20, 2020
5:42 PM