Deductions & credits

Hi,

 

My wash sales losses started in 2022 is still ongoing into 2023. I will stop trading for 31 days. When this happens, my wash sales losses is technically made in 2023, is this correct? Then the wash sales disallowed can be used to offset my long term gains stocks this year 2023, is this accurate to say?

 

My wash sale losses is the same stock as the one I want to sell for long term gains.  Do I need to stop trading for 31 days before selling?