Q. I bought stock A on Aug 31 and sold it on Sep 15 to have a gain. I bought it again on Sep 30 and sold it on Oct 15 for a loss. Is this loss disallowed due to wash sale?
A. No. You did not buy shares of the same stock, sold at a loss, within 30 days of the sale (Aug 31 to Oct 15 is more than 30 days).
Q. Bought A on Aug 31 and sold it on Sep 15 to have a loss. Then bought it again on Sep 30 and sold it on Oct 15 for a gain. Is this loss disallowed due to wash sale?
A. Yes. Sep 15 to Sep 30 is within 30 days.
A wash sale occurs when you sell securities at a loss and buy the same shares within 30 days before or after the sale date of securities sold at a loss.
