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Investors & landlords
The "W" means there is a wash sale involved, which means you sold an investment at a loss and purchased it back less than sixty days later. The wash sale is not allowed as a tax deduction, so your realized gain is not the same as your gain reported on your tax return. You have to ignore the wash sale amount when calculating your gain as is appears on your tax return.
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March 31, 2021
2:49 PM