Closing your positions at year-end may not have resolved all losses disallowed by the wash sale rule. The wash-sale rule prohibits selling an investment for a loss and replacing it with the same or a "substantially identical" investment 30 days before or after the sale. Thus, there is that 61 day window where a sale and subsequent purchase could run afoul of the wash sale rule.
Additionally, wash-sale rules apply across all of your accounts, including those outside RobinHood. In addition, wash-sale rules also apply to transactions in a spouse’s accounts. IRS regulations require only that RobinHood track and report wash sales on the same CUSIP number (a unique nine-character identifier for a security) within the same account. Ultimately, each individual is responsible for tracking sales in their accounts (and their spouse's accounts) to ensure they don’t have a wash sale.
@stonker12
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
