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Investors & landlords
Everything you said is correct. $200 of the loss occurred when you did not own the stock, so you aren't being punished by the wash sale.
You spent $2,000
You received $1,000 on the sale so now you're in the hole $1,000
You repurchase for $800 so now you're down $1,800
You sell for $2,500 so you are now up $700, which is the same as the gain recognized on your taxes.
March 20, 2022
9:59 AM