As posted in subject... my understanding is that wash sales is really applies to losses on securities that are repurchased with 31 days. I have similar situation where I purchased an ETF in Oct 2024 and sold for a loss in Nov. I then repurchased the same ETF on Dec 20th (within the 30 day). So right now the loss from Nov close is added to cost basis for Dec 20th purchase.
* Am I right in thinking that if I sell all of that ETF share positions before Dec 31st, the wash sale rule won't apply because all my profit/losses would have settled?
* Are there any additional considerations on purchases of same security in the new year? (I don't plan on doing that but figured it could be helpful to wider audience).
