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Investors & landlords
Since you sold the stock at a loss and then bought it back within 30 days of the sale, it is a wash sale. If the same brokerage account was involved in both transactions, the wash sale will be reported in Box 1g of your 1099-B.
https://www.irs.gov/pub/irs-pdf/f1099b.pdf
**Answers are correct to the best of my ability but do not constitute tax or legal advice.
‎December 13, 2024
8:07 AM