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Do I have to track and report wash sales if I close my position prior to year end?
I have multiple wash sales in a string of options that I bought and sold in early 2020. I closed out of the position in July and have not traded in the company since then. When I do my taxes, it will not make a difference whether I report the wash sales, but it will take more work. Since it is not material to my total capital gains for the year, can I just skip the extra work and not report any washes?
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‎November 1, 2020
9:38 AM