Thanks I just ordered the book. I tried calling TD but it has been difficult get answers or difffernet answers. Not everyone has transferred to Schwab yet. Mid year 2024 for me.
Once you carry over a wash sale by repurchasing the the same stock I am assuming you can only recapture those phantom tax by closing the trade wait 31 days and then have gains in the same stock?
or does other gains offset the losses, maxe 3k a year?
any good books on correcting the error or making up for it ?
I ws thinking of just closing the trades waiting 31 days and then have large divideneds to offset but it seams that these could be eventually long term and not the short term losses from the wash sale.
any good books on correcting the error or making up for it (correcting to make whole)?
Thanks.
