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Investors & landlords
Did you sell the 100 shares in 2022?
If not just add the $327.60 to the basis of those shares when you sell. Keep copies of the statements/1099 showing the wash sale indication and the purchase until you sell (and then the usual 3 years after the filing date).
If you sold them in 2022 you can amend. However, you are never required to amend for a mistake. You might want to to prevent penalties or interest. However this is a small amount and might not even increase your taxes at all (capital gains can be taxed at zero percent sometimes). You also might want to amend to claim an increased refund (because your basis was higher). But it is probably not worth it for such a modest amount.
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March 17, 2024
8:25 AM