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Investors & landlords
If I understand correctly:
- You sold a stock at a profit of $865.
- You repurchased the same stock and number of shares
- You are correct this is not a wash sale.
- If you did not sell the new batch of shares you will owe tax on the $865 gain.
- You will then get the profit or loss from the new shares when you sell them.
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‎April 18, 2022
5:04 AM