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If I sell a stock in April 2017 incurring wash sale loss and do not trade in the stock until April 2018, can I claim the wash sale loss as a capital loss?
I bought and sold a stock (say, XYZ) in April 2017 and incurred a Wash Sale Disallowed Amount of $3200. I did not trade in the stock XYZ from May 2017 and do not plan to trade in the stock in 2018 also.
Please let me know if I can claim the Wash Sale Disallowed Amount as a capital loss in my 2017 tax return.
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‎June 4, 2019
12:15 PM