JohnB5677
Expert Alumni

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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